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Last A$0.08 AUD
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As of 1:16 AM 06/6/15 All times are local (Market data is delayed by at least 15 minutes).

bandanna energy ltd (BND) Snapshot

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bandanna energy ltd (BND) Details

Bandanna Energy Limited is engaged in the exploration, project evaluation, and development of thermal and pulverized coal injection coal assets located in Queensland, Australia. The company’s principal coal projects include the South Galilee located in the Eastern Galilee Basin; the Springsure Creek located in the Bowen Basin, Emerald; and the Dingo West project located in the west of the township of Dingo. It also holds 100% interests in 5 oil shale tenements and 2 mineral tenements for bentonite exploration in Queensland. Bandanna Energy Limited is based in Brisbane, Australia.

bandanna energy ltd (BND) Top Compensated Officers

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Compensation as of Fiscal Year 2015.

bandanna energy ltd (BND) Key Developments

Bandanna Energy Limited, Annual General Meeting, May 14, 2015

Bandanna Energy Limited, Annual General Meeting, May 14, 2015.

Tycoon Mende Eyes Bandanna Energy

Hans Mende is looking to buy Bandanna Energy Limited. Hans Mende held talks about an acquisition with Bandanna’s administrators PPB. Talks are also said to have taken place between PPB and other potential suitors of Bandanna. The price Bandanna could sell for is currently unclear. Mark Dempsey, Christopher Poynter and George Fordyce of Macquarie Capital working on the deal.

Australian Securities and Investments Commission Grants Bandanna Energy Limited Reporting Relief

On 16 March 2015 ASIC granted Bandanna Energy Limited (administrators appointed) relief from its financial reporting obligations under Part 2M.3 of the Corporations Act 2001 during the period from until the earlier of: (a) the end of the administration; or (b) the time when the administrators reasonably form the opinion that the members have an ongoing economic interest in the company.


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