Ilyas Khan: Excellent Track Record Touchstone Gold founder and director Ilyas Khan also founded his own merchant bank, which he still heads:
" ... Khan is the senior partner of Stanhill Capital Partners, a merchant banking business with a focus on natural resources which he founded in 1998, during the 20 years (1989–2009) he spent living and working in Hong Kong. In business terms he was one of the founding directors of Australia-based White Energy Company, and the founder of Touchstone Gold. He holds a number of advisory and non-executive board positions. ... "
https://en.wikipedia.org/wiki/Ilyas_Khan
Ilyas Khan was a director of White Energy Company from July 2002 - February 2010.
From a 17 February 2010 announcement:
" ... In addition, White Energy Company Limited wishes to advise that Mr Ilyas Khan has stepped down as a director for personal reasons, effective today. Mr Khan has been a director since July 2002. The board thanks Mr Khan for his vital contribution to the development of the company and wishes him well in the future."
HTTP://www.whiteenergyco.com/news/press-releases/changes-to-board-composition-m.php
"Company Overview
White Energy Company Limited (White Energy) is the exclusive worldwide licensee of a patented technology which upgrades high moisture, low value sub-bituminous and lignite coals through a low cost process of dehydration and compaction. This technology is known as the Binderless Coal Briquetting (BCB) technology and was developed by a consortia lead by the Commonwealth Scientific Research Organisation (CSIRO).
White Energy has more recently applied the BCB technology to the beneficiation of thermal and metallurgical coal fines. Coal fines represent a major environmental liability for coal producers and also carry a significant ongoing maintenance cost. By leveraging its patented and scalable technologies to beneficiate coal fines White Energy aims to produce a high-valued saleable product that can enhance a mine’s revenues.
White Energy continues to focus on its original and core BCB coal technology business, which is based on the upgrading of low rank, low cost sub-bituminous coals to export grade higher value coal.
White Energy is also focused on identifying good quality coal properties for acquisition, where the BCB technology can be utilised to add value to projects. It is expected that some of the resources currently under consideration by White Energy will not require application of the BCB technology, and can be mined and sold directly into export markets.
White Energy is a global operating business listed on the Australian Stock Exchange which is organised around two distinct but related business divisions: ... "
HTTP://www.whiteenergyco.com/about-us/company-overview/index.php
WEC's long-term share price chart on the ASX looks to date back to April 2005, when the share price was about 20 cents.
At the time of I.K.'s resignation in February 2010 WEC was well over A$2 per share, making it a good ten-bagger during this period. (Since his departure it has fallen significantly.)
HTTP://hfgapps.hubb.com/asxtools/Charts.aspx?asxCode=WEC&compare=comp_index&indicies=0&pma1=0&pma2=0&volumeInd=9&vma=0&TimeFrame=M10
I.K. is clearly a proven winner, and I am absolutely confident that he will get TCH up where it belongs.