Ex-CEO Challenges Administrators

Ex-CEO Challenges Administrators

Former Moreton Resources CEO and managing director Jason Elks has applied to the Australian Government Takeovers Panel to have all activities relating to the administration of the would-be mining company put on hold.

No Plans To Sell Assets: Moreton

No Plans To Sell Assets: Moreton

Moreton Resources has received expressions of interest in two of the company’s coal projects, the company’s quarterly report to shareholders has revealed.

UCG Case Sent Back To Tribunal

UCG Case Sent Back To Tribunal

Moreton Resources has enjoyed a partial win in the Federal Court in relation to its long-standing dispute with the Australian Taxation Office over research and development tax offsets linked to its failed UCG project near Kingaroy.

Elks Quits Moreton Board

Elks Quits Moreton Board

Jason Elks has resigned from the Board of Moreton Resources – the company hoping to build a coal mine near Kingaroy – after six years with the miner.

$1m Funding Boost For Moreton

$1m Funding Boost For Moreton

Moreton Resources – the company planning to develop a coal mine on the outskirts of Kingaroy – has secured an extra $1 million in financial backing

Moreton Predicts First Profits

Moreton Predicts First Profits

Moreton Resources – the company planning to develop a coal mine on the outskirts of Kingaroy – predicts it will start making profits in “late May, early June”.

Moreton Announces $20m Loss

Moreton Announces $20m Loss

Moreton Resources chairman Jason Elks has assumed the role of Company Secretary following the resignation of director Brent Van Staden.

Moreton Turns $10,000 Into $13.3m

Moreton Turns $10,000 Into $13.3m

Moreton Resources – the company behind the proposed Kingaroy coal mine – has reported a consolidated profit of $11.3 million for the past 12 months, despite having no revenue-earning operations.

SB Coal Project ‘Well-Advanced’

SB Coal Project ‘Well-Advanced’

Moreton Resources executive chairman Jason Elks says the South Burnett Coal Project is “well-advanced”, and on track to have its draft Environmental Impact Statement ready before Christmas.

Moreton Aims For Coal In 2019

Moreton Aims For Coal In 2019

Potential investors have been told that Moreton Resources aims to extract its first coal from its Coolabunia coal mine in the last quarter of 2019.

Moreton Presses On With Mine Plan

Moreton Presses On With Mine Plan

Moreton Resources has updated the ASX on its proposed Kingaroy Coal Mine, saying the company expects a determination from the State Government on its mining lease application by mid to late 2018

Elks’ Role Cut Back Again

Elks’ Role Cut Back Again

Jason Elks, who for several years has been the public face of would-be miner Moreton Resources, is scaling back his role with the company even further.

Moreton Faces $8m Tax Bill

Moreton Faces $8m Tax Bill

Moreton Resources – the mining company hoping to get approval for an open-cut coal mine near Kingaroy – has been hit with an $8.18 million bill from the tax office.