The Panel has received an application from Ms Veronica Oma in relation to the affairs of Strategic Minerals Corporation NL.  Strategic Minerals is currently the subject of an on-market takeover bid by QGold Pty Ltd.

Details of the application, as submitted by the applicant, are below.

A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings.  The Panel makes no comment on the merits of the application.

The Panel's office will be closed from Monday 25 December 2017, reopening on Tuesday 2 January 2018, but the Panel will still be available.

The Panel has declined to make a declaration of unacceptable circumstances in response to an application dated 24 November 2017 from Tap Oil Limited in relation to its affairs.

The Panel has declined to make a declaration of unacceptable circumstances in relation to the affairs of Molopo Energy Limited in response to an application dated 24 November 2017 from Aurora Funds Management Limited (as responsible entity of the Aurora Fortitude Absolute Return Fund). The application concerned Aurora’s off-market takeover bid for Molopo

The Panel has made a declaration of unacceptable circumstances and accepted an undertaking in relation to an application dated 17 November 2017 by Halom Investments Pte Ltd in relation to the affairs of MMA Offshore Limited.

The Panel has received an application from Tap Oil Limited in relation to its affairs.

The Panel has received an application from Aurora Funds Management Limited as responsible entity of the Aurora Fortitude Absolute Return Fund (Aurora) in relation to the affairs of Molopo Energy Limited.