Revised Panel Fees

The fees payable for Panel applications are indexed each year from 1 July based on any increase in the Consumer Price Index, pursuant to the Corporations (Fees) Act 2001 (Cth) and Corporations (Fees) Regulations 2001 (Cth).

Mungana Goldmines Limited

Introduction

  1. The Panel, Rodd Levy (sitting President), Sophie Mitchell and Tony Osmond declined to conduct proceedings on an application by Auctus Chillagoe Pty Ltd in relation to the affairs of Mungana Goldmines Limited. Auctus had made an off-market takeover bid for Mungana. Auctus submitted that Mungana’s investor presentation had overstated a production target and understated estimated pre-production capital expenditure.