Last A$0.13 AUD
Change Today -0.005 / -3.70%
Volume 426.1K
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As of 1:50 AM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

rey resources ltd (REY) Snapshot

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07/18/14 - A$0.14
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08/6/13 - A$0.05
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rey resources ltd (REY) Details

Rey Resources Limited, together with its subsidiaries, explores and develops coal properties in Canning Basin, Western Australia. The company primarily explores for thermal coal deposits in the Duchess Paradise project located on a pastoral station to the southeast of Derby. It also holds two petroleum exploration permits. The company was incorporated in 2005 and is based in West Perth, Australia.

Founded in 2005

rey resources ltd (REY) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: A$333.9K
General Manager of Duchess Paradise Project
Total Annual Compensation: A$78.3K
Compensation as of Fiscal Year 2013.

rey resources ltd (REY) Key Developments

Rey Resources Limited Appoints Jin Wei as Non-Executive Director

Rey Resources Limited has appointed Mr. Jin Wei as non-executive director to the company, effective from December 2, 2013. Mr. Jin is a nominee director for Crystal Yield Investments Limited, Rey's cornerstone investor which holds a relevant interest in approximately 19.9% of the issued capital in the company. He has over 20 years' professional experience covering exploration, mineral industry construction and operation, as well as mineral resources products international trading activities in Australia, China, Russia and Mongolia.

Rey Resources Limited, Annual General Meeting, Nov 29, 2013

Rey Resources Limited, Annual General Meeting, Nov 29, 2013.

Rey Resources Limited Reports Audited Consolidated Financial Results for the Year Ended June 30, 2013

Rey Resources Limited reported audited consolidated financial results for the year ended June 30, 2013. For the year, the company reported loss from operations of AUD 7,975,000 against AUD 9,086,000 for the last year. Loss before income tax was AUD 7,678,000 against AUD 8,919,000 for the last year. Loss for the year attributable to owners of the company was AUD 7,678,000 or 1.52 cents per diluted share against AUD 8,919,000 or 2.39 cents per diluted share for the last year. Net cash used in operating activities was AUD 3,624,000 against AUD 5,680,000 for the last year. Payments for property, plant and equipment was AUD 5,000 against AUD 1,000 for the last year.


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