FYI Resources Ltd (ASX:FYI)

FYI Resources Ltd (ASX:FYI)


Share Price
$ 0.05
Change
0.001 (2.04 %)
Market Cap
$10.64 m
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FYI Resources Ltd

FYI Resources Ltd (ASX:FYI) is listed on the Australian Securities Exchange.

EPIC: FYI
Market: ASX:FYI
52-week High/Low: A$0.140 / A$0.045
Sector: Mining
Market Cap: $10.64 m
Website: www.fyiresources.com.au
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Big Picture – A Deep Dive Examination of FYI Resources Ltd


FYI Resources Ltd Snapshot

FYI Resources is an Australian Listed resources company (ASX:FYI) that is focused on the exploration and development of selected projects in strategic commodity sectors. The projects are selected on technical and economic merit as well as the long term market outlook.

The Company has identified potash and high purity alumina (HPA) as strategic commodities for exploration and development.

About Potash

Potash is a potassium-rich salt that is mined from underground deposits left behind when ancient giant seas evaporated millions of years ago. Potassium is essential for all plant, animal and human life. The dominant potash in the market is the compound potassium chloride (“KCl”). Approximately 95% of all potash production goes into the agriculture sector where it is used as a plant nutrient. Potash is a key ingredient in fertilisers that enhances water retention of plants, increases crop yields and plants' disease resistance.

(click here for more information on this project)


About High Purity Alumina

High-purity alumina (HPA) is a processed premium non-metallurgical alumina product characterised by its purity level – i.e. 99.99% (4N), 99.999% (5N). The market price, application and performance of HPA varies widely according to its degree of purity.

(click here for more information on this project)


Strategic Partners

FYI Resources has the capabilities and resources to undertake a major strategic mineral project, including the exploration, development, operational and marketing phases.

(click here for more information)


Community

It is a corporate objective for FYI to be a responsible, participating member in the communities in which we operate. By initiating our own projects or supporting already established projects and programs, our goal is to improve the quality and standard of life to the people and stakeholders involved with our direct and indirect operating area of influence. We aim to make a small but positive impact to the community and economy in our operating countries.

(click here for more information)

 

Last updated 7th August 2018

Mr Edmund Babington
Non-Executive Chairman

Mr Babington is a Director of the Western Australian commercial law firm, Lyons Babington Lawyers. He is also a member of AMPLA (the Australian resources and energy law association), the Franchise Council of Australia and is a Western Australian committee member of the Australian Institute of Business Brokers.

Mr Babington is a specialist in mining and resources law and the law relating to capital raisings, stock exchange requirements, corporate governance and compliance for public companies.


Mr Roland Hill
Managing Director

Mr Hill holds a Bachelor of Science and Bachelor of Commerce from Curtin University.  Mr Hill was appointed to the position of chief executive officer on 4 February 2011 and to the position of Managing Director on 1 July 2014.

Mr Hill has extensive resource industry and investment, finance and funds management experience.  He has been directly associated with the mining and exploration sector for over 18 years in contracting roles and with Western Mining Corporation and Normandy Poseidon and a 7 year role as Managing Director and Chairman of Crescent Gold Limited – an ASX listed gold producer with production of ~100,000oz pa.

Prior to Crescent Gold, Mr Hill was employed by several Australian national and international stockbroking firms and investment banks in ECM and as a senior mining analyst before taking a senior role as a Portfolio Manager with Deutsche Bank in their Australian and International resources equity Fund.


Mr David Sargeant
Non-Executive Director

Mr Sargeant holds a Bachelor of Science degree in economic geology from the University of Sydney. He has more than 40 years of experience as a geologist, consultant and Company director. As such, he has been involved in numerous mineral exploration, ore deposit evaluation and mining development projects in Australia and internationally. He is a member of AusIMM and the Geological Society of Australia.

During his career, Mr Sargeant has held a range of senior positions, including that of senior geologist with Newmont Pty Ltd and senior supervisory geologist with Esso Australia Ltd at the time of the Harbour Lights Gold Mine discovery and development. Further, Mr Sargeant was the first chief geologist at Telfer Gold Mine during exploration, development and production at that project. In addition, he was exploration manager for the Adelaide Petroleum NL group of companies, manager of resources development for Sabminco NL and a technical director of Western Reefs Limited during the period in which that Company became a successful producer at the Dalgaranga Gold Project.

Mr Sargeant successfully managed an exploration and geological consulting business for 18 years, which included the formation and management of platinum and copper-gold companies in Botswana until they were taken over during the 2005 to 2007 period by United Kingdom listed public companies.  He was the principal promoter in forming Empire Resources Limited and remains Managing Director.


Mr Adrian Jessup
Non-Executive Director

Mr Jessup also holds a Bachelor of Science degree (with honours) in economic geology from the University of Sydney and has more than 40 years continuous experience as a geologist, Company director and consultant involved in mineral exploration, ore deposit evaluation and mining. He is a member of AusIMM, the Geological Society of Australia and the Australian Institute of Geoscientists.

For the last 15 years, Mr Jessup has operated a geological consulting company. During that time, he was a founding director of publicly listed companies Empire Resources Limited and Sylvania Resources Limited.

He remains an executive director of Empire Resources Ltd. He was also a director of two mineral exploration companies based in southern Africa that were subsequently acquired by United Kingdom listed public companies.

Prior to commencing consulting, Mr Jessup was managing director of Giralia Resources NL for eight years, from the Company's inception in 1987. Previously, he had worked for AMAX Exploration Inc., as a senior geologist and as regional manager in charge of that Company's mineral exploration in Western Australia

Address

53 Canning Hwy
Victoria Park WA 6100

Postal

53 Canning Hwy
Victoria Park WA 6100


Phone: +61 8 9361 3100
Fax: +61 8 9361 3154
Email: [email protected]

Directors

Edmund Babington - Non-Executive Chairman
Mr Roland Hill - Managing Director
Mr David Sargeant - Non-executive Director
Mr Arian Jessup - Non-executive Director


Company Secretary

Mr Phillip MacLeod


Company

ABN
85 061 289 218

ASX code: FYI


Company Website

www.fyiresources.com.au


Registered Office

53 Canning Hwy
Victoria Park WA 6100
AUSTRALIA

Phone: (08) 9361 3100


General and Investor Enquiries

[email protected]


Share Registry

Security Transfer Registrars Pty Ltd
770 Canning Hwy
Applecross WA 6153
AUSTRALIA

Phone: (08) 9315 2333


Auditor

HLB Mann Judd
Level 4 130 Stirling Street
Perth WA 6000
AUSTRALIA

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