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west peak iron ltd (WPI) Snapshot

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11/22/13 - A$0.04
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07/18/14 - A$0.01
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west peak iron ltd (WPI) Details

West Peak Iron Limited is engaged in the exploration and evaluation of mineral resource properties in Australia and Liberia. It primarily explores for iron ore, as well as other commodities, including gold and base metals. The company holds 4 granted licences for a total area of 972 square kilometers through a combination of reconnaissance and exploration licences for iron ore in the Grand Bassa, Bomi, Bong, and River Cess counties in Liberia. It also owns interest in a land holding comprising 10 tenements in the Mid West and Yilgarn Iron provinces of Western Australia. West Peak Iron Limited is based in Subiaco, Australia.

west peak iron ltd (WPI) Top Compensated Officers

Executive Director
Total Annual Compensation: A$69.3K
Exploration Manager
Total Annual Compensation: A$65.4K
Consultant Project Manager
Total Annual Compensation: A$61.7K
Compensation as of Fiscal Year 2014.

west peak iron ltd (WPI) Key Developments

West Peak Iron Limited Announces Recent Exploration Activities At Bong West Prospect in Liberia

West Peak Iron Limited announced the recent exploration activities at the company's wholly owned Bong West prospect in Liberia. The Bong West prospect comprises Area 4 and Area 6. Following from recent exploration activities the company announced an independent maiden Resource estimate for the Bong West prospect in the Inferred category of 11.1 million tonnes at 36.36% Fe. This global Resource, with a lower Fe cut off of 30%, comprises of two prospect areas, being Area 4 of 8.0 million tonnes at 35.9% Fe and Area 6 being 3.1 Million tonnes at 37.5% Fe.

West Peak Iron Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2013

West Peak Iron Limited reported consolidated earnings results for the half year ended December 31, 2013. For the period, the company has posted loss before income tax expense of AUD 383,323 against AUD 516,142 a year ago. Total comprehensive loss was AUD 442,684 against AUD 561,197 a year ago. Basic loss per share was 0.48 cents against 1.14 cents a year ago. Net cash used in operating activities was AUD 512,426 against AUD 510,828 a year ago. Payments for exploration and evaluation expenditure were AUD 77,741 against AUD 337,278 a year ago. Loss after income tax expense was AUD 383,323 against AUD 516,142 a year ago.

West Peak Iron Limited, Annual General Meeting, Nov 25, 2013

West Peak Iron Limited, Annual General Meeting, Nov 25, 2013., at 12:00 W. Australia Standard Time. Location: Suite 9, 330 Churchill Avenue. Agenda: To receive and consider the annual financial report of the company for the financial year ended 30 June 2013; to consider adoption of remuneration report; to consider election of directors; to consider the re-election of director; to consider the approval of 10% placement capacity; to consider ratification of prior issue - shares; to consider other issues.


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