TSXV:HRE.H - Post by User
Comment by
TrickyGameon Feb 10, 2021 9:43pm
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Post# 32533837
RE:Stans Energy
RE:Stans EnergyMulham wrote: Few Quetions in mind:
Why this company kept on Halt after the sell out upon last court dicission.?is it because the company have financial difficalties or there is no one exist to look after this company.
I feel there was some kind of homework not done by the company which been neglected or delayed and there is no one to follow up.
Whoever from the management who stayed with stans is responsible for this delay and with the ongoing halt on Canadian market not otherwise.
what is that about to be 50-50 with Rosatom....for what?
It is frusterating that the company not saying anything and kept the shareholders in Dark.
The halt was because the company was late filing required documents as required of them for listing on the tsxv. But the filing period was also when covid hit so that created problems for all kinds of companies. The company filed the required documents during november 2020. The company just set up a committee as per the lastest Sedar filings. Part of their mandate is to see that the company is complying with regulatory requirements (ie getting us back to trading)
It is frusterating but its not the companys fault. The OSC has to review the company. We don't know how long that process takes and it could take longer than normal because of covid.
I don't follow what you are asking about the 50/50 Joint Venture with Rosatom. Can you be more specific? The lastest update on that is the negoiations are on hold I believe.