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Word search Coober Pedy News Vol 3 No 2, August 27, 2009
Lake Phillipson Coal Exploration project looking to get ASX listing
The image (adaption of image published by PrimaryIndustries and Resources SA) is used by permission of
PIRSA, which supplies the information in good faith; PIRSA isnot liable for any incorrect information supplied.
The South Australia Coal Company (SACC), holder of EL3386, south of Coober Pedy, owns 100% of the Lake Phillipson exploration projects, which include a coal deposit and is also prospective for other minerals. SACC is a subsidiary of Felix Resources Limited, an independent ASX-listed coal producer with four operating mines and (Cont. on page 2)
Page 2 Coober Pedy News 27 August 2009
Lake Phillipson Coal Exploration Project (Cont. from page1)
exploration interests in New South Wales and Queensland.
In a recent letter to its shareholders, Felix said,
"Yanzhou Coal Mining Company Limited (Yanzhou), a publicly traded coal mining company that is listed in Hong Kong, New York and Shanghai, has proposed to acquire all of your shares in Felix Resources Limited (Felix) via a scheme of arrangement (Offer).
Under the terms of the Offer, Felix shareholders will receive:
* A$16.95 per share in cash from Yanzhou;
* Cash dividend of A$1.00 per share from Felix, including A$0.50 per share fully franked ordinary dividend with a record date of 15 Oct. 2009 and payable on 30 October 2009 and a A$0.50 per share dividend conditional on the approval of the scheme, which is expected to be fully franked;
* An in-specie distribution of shares in South Australia Coal Company (SACC), with coal and mineral exploration assets in South Australia, which will have a cash backing for its future operation (A$0.05 per share)."
Felix also announced that it is proposed that SACC will be demerged via an in-specie distribution of shares to all Felix shareholders in proportion to their existing shareholding. In addition to the exploration assets SACC will retain A$10 million in cash at the time it is demerged.
SACC is expected to seek an ASX listing following the proposed demerger.
Brian Flannery, Managing Director of the Brisbane Head Office of Felix Resources Limited told the Coober Pedy News in May 2009 that, "Felix Resources is conducting geological investigations involving geophysical work, geochemical work and drilling.
We are investigating the northern area of EL3386 for mineralisation.
It is early days of the program.
We are also testing coal from the southern part of the EL to look for ways of upgrading this coal."
Phone +61 8 8672 5840
Mobile Phone 0427 815 561
P.O. Box 533, Coober Pedy, South Australia 5723 Lot 1949 Cnr Flat Hill Road & Stuart Highway Coober Pedy
Editor: Gary D. Atkins
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Page 3 Coober Pedy News 27 August 2009
Cliff Ferrallís 100th Birthday Celebrations
Cliff's nephew Ron Ferrall and his wife Laura came from Queensland.
Birthday wishes from The Queen
Above: Yvonne Morland and Merilyn Fisher. Left: Nursing and Aged Care staff Zoe Pollard, Lyn Lamont, Desrey Jones, Vicki Litfin
Page 4 Coober Pedy News 27 August 2009
Straight Talk with Lyn Breuer
think spring is on its way, it really has been very pleasant weather recently,
although there is a lot of hay fever, and the flu is still hanging around.
Remember to be careful, and see your doctor if you have flu symptoms.
I was very pleased with the allocation of money to the Giles electorate in the recent announcements from Minister John Hill, on the 2009 - 2011 Health Minor Works Proposed Projects for Country South Australia.
Minister John Hill has announced details of more than $11 million to be spent on
upgrading hospitals and improving services in country South Australia.
part of the Governmentís commitment to expanding and improving country health
services in SA.
facilities and services in country SA will mean more people can receive
treatment closer to their homes and reduces the need for some people to travel
to Adelaide for health services.
money will go towards improvements in infrastructure at South Australiaís
country hospitals including upgrades to emergency departments, establishing and
expanding renal services and upgrading air conditioning systems.
upgrades mean people using our country hospitals will continue to receive the
best possible care available and provide the best possible working environment
this also helps attract and retain health professionals in rural South
Australia, and we all know how difficult this is for our communities.
received over 1.5 million dollars including $10,000 for Coober Pedy, $73,000 for
Cowell, $11,000 for Hawker, $22,000 for Marla, $900,000 for Oodnadatta, $40,000
for Roxby Downs and $535, 000 for Whyalla.
been visiting some of our Health Advisory Committees in recent weeks and had
some interesting discussions on their roles in relation to our hospitals. They
are there to provide a link between our communities and SA Country Health and
the Minister and have an important role. I am really pleased to see people
volunteering their time and energy to the HACS, and thank them for their
contributions, they are much appreciated.
I was also pleased to see that
the Federal Government has granted money to a number of our remote airstrips and
facilities in Giles. Much needed improvements will now proceed following the
approval of funding from the Federal Governmentís Remote Aerodrome Safety
This will help to maintain access to air services such as essential supplies, mail, passenger transport and medical care like that provided by the Royal Flying Doctor Service. This is particularly important where road access is unavailable, unreliable or disrupted for extended periods.
Umuwa, Mimilli and Kenmore Park
in the APY Lands, Kimba, Marla and Hawker were all given grants in Giles.
I was really pleased to see that
William Creek was given $2.2 million to re-sheet and seal the runway, taxiway
and apron and install lighting.
Because of the water in Lake
Eyre, there has been a phenomenal increase in tourists in the north this year,
especially William Creek. The local residents have been fundraising for years to
improve their facilities, so it is good to see the Government has come to the
Party. William Creek is a great place to visit and the locals are very friendly
and look after you well.
The outback is looking really
beautiful and the wildflowers are coming out.
Because we have had a break in
parliament, I have used the time to do some longer trips around my electorate
and visit constituents, so I have had a chance to see the land. Itís well
worth the trips, we live in a beautiful country.
I was pleased to spend some time
in Coober Pedy and caught up with a lot of people and groups. I was concerned
however at how many people were crook with the flu.
Thatís all for this week,
please feel free to contact my office with your enquiries any time.
Page 5 Coober Pedy News 27 August 2009
Coober Pedy Races
Cup winner Kingston Seaís co-owner/trainer Dion Khan and
jockey Garry Birchmore
Clydine Carboni and her Fancy Dress hat
Debra Brown from Pt Augusta and granddaughter Shaquanah Brown
Ryan Rankine, Pettie Moore, Sharon Rankine, Eddie Rankine, Rachel Hilder
Jessie Debnam-Dodd from Lyndhurst, and Windy
Paul and Heather Evans - Adelaide, John Stillwell - Ceduna, Digby Giles - Wintinna, Craig Trowbridge - Ceduna
Mowab Frank - Ernabella, Richard Wilton - Roxby Downs
Mowab Frank - Ernabella, Richard Wilton - Roxby Downs
Elton Kunari ftrom Indulkana
Anthony (John-John) Brady and Kristy Strangways from Pt Augusta, and Tarquin and Sahara
Page 6 Coober Pedy News 27 August 2009
WOOMERA & DISTRICTS FOOTBALL LEAGUE
1st & 2nd Semi Finals, 22nd August 2009
Roxby Districts 18 - 11, 119 def Coober Pedy 10 - 8, 68.
Best players for Roxby: J Watson, J Telfer, T Roberts, J Pyke, C Kenny.
Goals: B Wray, T Roberts, I McBey 4; R Prosser 3; C Rainsford, S Kaminski, J Telfer 1.
Best players for Coober Pedy: J Burns, S Tsakiridis, Z McKenzie, M Grava, B Buller.
Goals B Buller, M Rapaic, Z McKenzie 2; R Adams, M Grava, J Burns, A Dingaman 1.
Olympic Dam 14 - 10, 94 def Hornridge 9 - 10. 64.
Best players for OD: M Bunnet, D Vanzati, R Summerton, R Saracino, D Moyse.
Best players for Hornridge: M Blackie, W Giles, W Monfries, B Grimston, A Heuskes.
Goals: A Heuskes 4; D Male 2; W Giles, M Blackie, D Smith 1.
Matthew chapter 12 verse 36:
You can be sure that on Judgement Day everyone will have to give account of every useless word he has ever spoken.
Page 7 Coober Pedy News 2 September 2009
Bonjour. Our grandfathers were fishermen and worked the opal, gold mines.
We are interested in information from the miners for our 'Walkabout' next year.
Miners can write: Suzanne, Brenda or Sue, 532 Montreal Rd # 440, Ottowa, Ontario,
Canada KIK 4R4