Australian (ASX) Stock Market Forum

Quarterly Cashflow & Activities Reports

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If they don't release it before the market opens tomorrow, they will be suspended from trading by the ASX until such time as they do.

Hi doctorj,

Swick Mining (SWK) didn't lodge a qtrly activities or cashflow report in Jan 08 and haven't been suspended from trading?
 
Re: JMS - Jupiter Mines

Hi doctorj,

Swick Mining (SWK) didn't lodge a qtrly activities or cashflow report in Jan 08 and haven't been suspended from trading?

I too noticed that both AJL and APA are yet to do the same, but still both are open for business...

What would be the reason behind this? :confused:

Should this question be under it's own topic?
 
SWK is not a mining/exploration company - they're a drilling contractor.


From the ASX site:

Additional Reporting Requirements for Mining Producing and Mining Exploration Companies
In addition to annual and half-yearly reports, mining entities are also required to lodge quarterly reports with ASX.

A mining producing entity must complete a quarterly report which must include:

Details of the mining production and development activities of the entity or group relating to mining and related operations, and a summary of the expenditure incurred on those activities. If there has been no production or development activity, that fact must be stated;

A summary of the exploration activities (including geophysical surveys) of the entity or group, and a summary of the expenditure incurred on those activities. If there has been no exploration activity, that fact must be stated.
A mining exploration entity must complete a quarterly report and include:

Details of the exploration activities of the entity and a summary of the expenditure incurred on those activities. If there has been no exploration activity, that fact must be stated;

Details of the mining production and development activities of the entity if any, and a summary of the expenditure incurred on those activities
 
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