ASX Announcement 14 October 2011
Response to Australian Financial Review article
The following letter has been sent to the editor of The Australian Financial Review in response to the story published in today’s newspaper headlined “NuCoal optimism premature on government probe”. The story contains several factual errors which are clarified in this response.
For further enquiries please contact: Glen Lewis
Managing Director
NuCoal Resources NL Tel: +61 2 4974 5700
ASX:NCR • Share InformationIssued Shares: 650.8m
Registered OfficeSuite 2, 4 Honeysuckle Drive, Newcastle NSW 2300
T +61 2 4974 5700F +61 2 4926 1673 E admin@nucoal.com.au
www.nucoal.com.au
Chairman: G. Galt Managing Director: G. Lewis Non Executive Director: J. Beecher Non Executive Director: M. Chester Non Executive Director: M. Davies Non Executive Director: A. Poole Company Secretary: M. Etcell
Key ProjectsDoyles Creek Mining Pty Ltd Hunter Valley NSW Tenement: EL7270
Ownership: 100%
Doyles Creek Underground Coal Mine
Training School
Contact: Maree Roberts
Dellworth Pty Ltd Hunter Valley NSW Tenements: EL6594 & EL6812
Ownership: 100%
14 October, 2011
AFR Letters EditorYour Street Talk item today (NuCoal optimism premature on government probe) contains major factual errors which are misleading.
You incorrectly state NuCoal had announced an independent inquiry by the NSW Government found the company’s dealings with a former Minister “were all above board.”
In fact on September 30 NuCoal announced the results of an independent third party audit of compliance with the conditions of its exploration licence at Doyles Creek. This audit was part of a state