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Gladstone Pacific Nickel (GPN)     

smiler o - 04 May 2007 10:21

Business Description

Gladstone Pacific Nickel Ltd. The Group's principal activity is exploring for and developing nickel and cobalt minerals. It operates only in the mineral evaluation business within Australia and south-west Pacific region.

Gladstone Pacific Nickel Limited (GPNL) is an Australian mining development company presently undertaking a Definitive Feasibility Study (DFS) for the Gladstone Nickel Project (GNP). The company's vision is to build a major long-life nickel cobalt refinery at the deepwater Port of Gladstone, in Central Queensland, Australia, treating abundant high grade nickel laterite ores from New Caledonia and other south-west Pacific islands, underpinned by beneficiated ores from its own Marlborough deposits. The Project has the potential to be one of the largest of its type in the world producing some 126,000 tpa nickel (8 -10% of global nickel demand) and 10,400 tpa of cobalt metal from its first two stages.

The GNP will comprise of; a high pressure acid leach (HPAL) plant and metal refinery in the Yarwun Precinct of the Gladstone State Development Area (GSDA); nickel mines and loadout/shipping facilities in New Caledonia and potentially other south-west Pacific islands; ore importation facilities at the Port of Gladstone; a modern nickel mine and beneficiation plant at Marlborough with a proposed slurry pipeline to take the beneficiated ore to Gladstone; and a long-term residue storage facility located in the Aldoga Precinct of the GSDA.

KEY DATA:

Gladstone Pacific Nickel Ltd Ticker: GPN

GPN Directors/Managers :
Chairperson (Exec.): Mr RA Pearce (Robert)
Executive Director an d executive Chairman: Mr PJ Matheson (Peter)
Director (Non-Exec.): Mr AE Daley (Andrew)
Director (Non-Exec.): Mr JG Henderson (James)
Director (Non-Exec.): Mr PJ Watson (Peter)


Exchanges: LON
0 Sales: 0
Currency: Australian Dollars
Fiscal Year Ends: June
Share Type: Ordinary
Country: Australia
Major Industry: Metal Producers & Products Manufacturers
Sub Industry: Miscellaneous Metal Producers
Employees: 9
Market Capitalization: 143,348,407
Ordinary Shares in issue.41,909,716
Closely Held Shares: 9,575,000

16-03-2007 RAB Special Situations - 13,463,642 44.3700
11-04-2006 Andrew Daley - 1,250,000 5.9900


http://www.gladstonepacific.com.au/clientuploads/Presentations/GPNL_MajorProjectsConference_28Jul06.pdf

NEW project presentation!

http://www.gladstonepacific.com.au/clientuploads/Presentations/070326NewCalNiConfPresentation-English.pdf

http://www.gladstonepacific.com.au/index.php?src=


Chart.aspx?Provider=EODIntra&Code=GPN&SiUseful Links

http://www.mineralprices.com/

http://www.lme.co.uk/nickel.asp

http://www.miningnews.net/

http://www.minesite.com/

halifax - 03 Oct 2008 16:18 - 94 of 107

All they need now is $2billion project finance...any offers?

hlyeo98 - 15 Dec 2008 16:40 - 95 of 107

Chart.aspx?Provider=EODIntra&Code=GPN&Si

SELL Gladstone - the chart says it all.

flasher - 15 Dec 2008 18:03 - 96 of 107

"Behave" most AIM shares are the same if you are in you are in for the long term, it's as simple as that.

smiler o - 15 Dec 2008 20:44 - 97 of 107

Aye ! ; )

RNS Number : 1409K
Gladstone Pacific Nickel Limited
15 December 2008



15th December 2008




Gladstone Pacific Nickel Limited

ACN 104 261 887

(the 'Company' or 'GPNL')

GPNL and RDI - Update regarding Merger




The Company today announces that discussions and activities with Resource Development International Ltd ('RDI') regarding a merger of the two companies, as announced on 8 August 2008 are continuing in a positive and proactive manner. RDI is a company controlled by Mr Clive Palmer, the previous chairman of GPNL and of which Mr Domenic Martino, a current director of GPNL, is a director.

GPNL understands that RDI is currently advancing its application for a listing on the Hong Kong Stock Exchange ('HKSE') and is in the process of finalising all relevant legal and regulatory documentation, including the preparation of a Prospectus.

Upon completion of the Prospectus, the Company and its advisors will receive necessary information to enable finalisation of a Scheme Booklet for lodgement with Australian Securities and Investments Commission ('ASIC') and the Federal Court of Australia. The Scheme Booklet will be distributed to Shareholders following Court approval and will include information regarding a shareholder meeting.

Further information and timing regarding the merger will be provided to shareholders when such information is received from RDI.

At the General Meeting held on 14 August 2008, shareholders approved the introduction of an alternative event to trigger Dasines Pty Ltd's (a 100% owned entity of Mr Clive Palmer) entitlement to a 25% interest in GPNL's subsidiary, Marlborough Nickel Pty Ltd ('MNPL'). This possible alternative event being the making of an unconditional takeover bid or the completion of a takeover via a scheme of arrangement by RDI at a minimum price of 2.20 on or before 31 December 2008, or a date up to 90 days later at GPNL's discretion.

The board of GPNL has today agreed to extend the date for achievement of the alternative event from 31 December 2008 to 31 March 2009.







flasher - 15 Dec 2008 21:10 - 98 of 107

Yes Smiler I find the majority of these comments about AIM shares pathetic as you don't have to be a genius to realise that the world is in melt down.

1. Car industry dead.
2. Shipping inports/exports dead.
3. Uk manufacturing dead.
4. Housing market dead.
5. dead.
6. Building industry dead.
7. Government clueless.
8. Taxes N/I up in 2011.
9. UK Bankrupt 2009.
10. Anarchy in the UK 2010.

Lets all make crap worthless comments about AIM shares. Will the world need raw materials in 2012 YES

halifax - 16 Dec 2008 11:32 - 99 of 107

flasher you forgot the dodo, cheer up its christmas!

flasher - 16 Dec 2008 13:05 - 100 of 107

Bah Humbug

smiler o - 17 Dec 2008 08:26 - 101 of 107

ajcc - 17 Dec 2008 11:38 - 102 of 107

still flasher - Gordon/Prudence/Saviour of the uniiverse was spot on when he stated "no more boom and bust" NOT! You are right though, the world will not stop turning, over leveraged and poorly run companies will go bust - the dead wood will be cleared out and then the whole supply/demand cycle will kick in again. Pick companies with good prospects/management and decent cash in the bank and their feet on the ground....... and wait a bit eh?

halifax - 30 Jun 2009 12:47 - 103 of 107

smiler is this the end?

smiler o - 30 Jun 2009 14:23 - 104 of 107

I would like to think Not, but with the Price of Nickel and the lack of Cash around I think this will take a back seat for a while !!

smiler o - 18 May 2010 13:56 - 105 of 107

18 May 2010



GLADSTONE PACIFIC NICKEL LIMITED

(ACN 104 261 887)



BOARD CHANGES



Following the meeting of the board of directors held earlier today, Gladstone Pacific Nickel Limited ("GPN" or the "Company") announces the appointment of Mr Neil Meadows to the board of directors. Mr Meadows will be the acting Managing Director until such time as he is offered and accepts a permanent position or an appropriate replacement is found.



Mr Meadows is Chief Operating Officer of and a director of Queensland Nickel Pty Ltd ("QNPL"). QNPL operates the Yabulu Refinery nickel operation in Townsville, Queensland, Australia. He first worked at the Yabulu Refinery operation between 2000 and 2003 in various plant management roles before spending in excess of five years as General Manager and later Projects Director for Minara Resources Ltd's Murrin Murrin nickel operation. Mr Meadows returned to the Yabulu Refinery in September 2008 in the role of General Manager for BHP Billiton. Since the sale of the Yabulu Refinery to Mr Clive Palmer he has accepted the role of Chief Operating Officer.



Mr Clive Palmer and his related entities hold a total of 50.04% of the ordinary shares in issue of the Company.



The Company also announces the resignation of Mr Vimal Sharma as Non-Executive Director with immediate effect.



GPN announces the appointment of Mr Domenic Martino as Chairman of the board of directors and also announces changes in board remuneration, being $45,000 per annum for the Chairman and $20,000 for Non-Executive Directors.



Following these changes, the board of the Company is constituted as follows:



1. Domenic Martino - Chairman

2. Clive Mensink - Non-Executive Director

3. Neil Meadows - Managing Director

4. William Haseler - Non-Executive Director



A further announcement in relation to the appointment of Mr Meadows including the information required under Schedule 2(g) of the AIM Rules for Companies will be made as soon as possible.



ENDS

halifax - 12 Aug 2010 11:57 - 106 of 107

RNS clive palmer bids 14p for remaining shares he doesn't own, is this the end of the road for what was punted as worth zillions?

cynic - 12 Aug 2010 12:02 - 107 of 107

was this Poseidon revisited?
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