Some of this quarter’s biggest floats are from the resources industry.
New Resource Floats for the quarter
Some of the companies on the list are
Flinders Exploration Limited,
Peak Oil and Gas
Catch the Australian Upcoming floats here –> ASX upcoming floats
This gold mining main objective is to discover and exploit gold or other mineral resources that can be mined for an attractive rate. The Sydney-based junior explorer holds twelve prospective gold and base metals projects in New South Wales and Queensland. Its immediate plan is to focus on gold and porphyry copper-gold deposits in projects that can be commercialized.
Flinders Exploration Limited:
FEX is a new multi-commodity explorer in australia with ready-to-drill opportunities in a strong tenement. Its portfolio imcludes diamonds, copper and gold prospects, phosphates and barite. The company has projects planned in the WA Pilbara, where it recently recovered a micro-diamond.
MetalBank is a mining exploration and development company and also a investment manager. The company believes that by implementing a planned investment management approach to running the company, it will as such build a valuable bank inventory of mining assets.
MetalBank boasts a carefully selected portfolio of copper-gold exploration projects and an experienced management team.
Peak Oil and Gas:
Peak Oil and Gas is an upstream oil and gas company. It has a attractive combination of near term production and exploration assets located in the Asia Pacific region. Its main portfolio is the Cadlao Redevelopment Project in the Philippines which is targeted to commence production during Q4 2011.
Peak also has a portfolio of highly prospective exploration acreage located in Indonesia, Thailand and New Zealand.