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Toubani Resources Ltd T.TRE


Primary Symbol: TOUBF

Toubani Resources Ltd is an Australia-based exploration and development company. The Company is focused on advancing gold development projects with its oxide dominant Kobada Gold Project. The Kobada Gold Project is located in southern Mali, approximately 125 kilometers (kms) on a straight-line south-southwest of the capital city, Bamako, and is situated adjacent to the Niger River and the international border with Guinea. The Kobada Gold Project is based on one mining exploitation permit (Kobada) of 136 square kilometers (km2) and two exploration permits (Faraba and Kobada Est) of 77 km2 and 45 km2. The Kobada main deposit hosts 2.4 million ounces (Moz) of predominantly free-dig, oxide gold over a strike extent of 4.5 kilometers, which is also open at depth with mineralization open down dip. Toubani Resources Mali SARL is the wholly owned subsidiary of the Company.


OTCPK:TOUBF - Post by User

Bullboard Posts
Post by joe9904on May 20, 2014 12:48pm
158 Views
Post# 22578286

Still a long way from seeing any money

Still a long way from seeing any moneyThe following are the next steps in the litigation involving E&Y!
Seems like mid to late 2015 before proceeds are distibuted!

The current timetable for this action is as follows: 
 Defendants’ responding records for recent proposed amendments:  May 26, 2014
 Plaintiffs’ reply record for recent proposed amendments:  June 9, 2014
 Cross-Examinations to be completed:  July 18, 2014
 Answers to undertakings:  July 31, 2014 
 Refusals motions (if any) to be argued by:  August 29, 2014
 Answers to any refusals ordered answered:  September 22, 2014
 Plaintiffs’ facta:  November 25, 2014
 Defendants’ responding facta:  December 31, 2014
 Reply facta:  January 8, 2015 
 Hearing:   January 12 – 23, 2015 

 

Bullboard Posts