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NQ Minerals in administration
editFor those interested the filings are here: https://find-and-update.company-information.service.gov.uk/company/09540926/filing-history
It's noteworthy that the administrators have referred the case to the "Contentious Insolvency Division" & "Financial Conduct Authority" as result of preliminary investigations into how the directors managed the company.
Contentious insolvency issues can be across the spectrum of: wrongful trading; preferential creditor treatment; and transactions at undervalue - all of which are extremely serious matters, to the extent that Directors can become personally liable for debt, or indeed for criminal culpability.
The total number of investors/creditors total now well in excess of GBP 100mm owed by the company, and shareholders are projected to get nothing. — Preceding unsigned comment added by 37.223.115.58 (talk) 22:23, 24 March 2022 (UTC)
Request Edit
edit | This edit request by an editor with a conflict of interest was declined. |
Mr. Lenigas would like changes to his Wikipedia page. Please replace the first paragraph and the sources with this updated one:
David Anthony Lenigas (born 1961, Adelaide, South Australia) is a qualified Mining Engineer with a Western Australian First Class Mine Managers Certificate.[1] He has extensive corporate experience at Chairman[2][3] and CEO levels on many of the world’s leading stock exchanges.[4][5][6] Lenigas was appointed Chairman of NQ Minerals Plc[7] on October 19, 2019[2][8][9].
In the second paragraph please delete the last sentence. It’s in the new paragraph.
After the first two paragraphs create a new title/header: Career
Make this the paragraph and sources in Career:
Since October 2019 Lenigas holds the position of chairman of NQ Minerals[2][3], an Australian-based mining company which commenced base metal and precious metal production in 2018 at its flagship Hellyer Gold Mine in Tasmania.[7] Lenigas orchestrated the agreement for NQ Minerals to buy the Beaconsfield Gold Mine in Tasmania on February 21, 2020[10][11]. On December 1, 2020, Lenigas worked with ING Bank to sign a US$55 million loan facility for NQ Minerals.[12][13]
WinstonFT (talk) 07:19, 14 January 2021 (UTC)
- @WinstonFT: what is your connection to David Lenigas? I see you have declared on your user page that you have a COI, but I just want to let you know (if you don't know already) that if you are paid by Lenigas, you must disclose this. See WP:PANDSCOI and WP:HAECOI for more about this. If you need anymore help, you can , or just leave a message on my talk page. Seagull123 Φ 12:56, 14 January 2021 (UTC)
Hello, we work for the same company. Thanks for your helpWinstonFT (talk) 19:57, 14 January 2021 (UTC)
References
- ^ "David Lenigas". Business News. Retrieved 2021-01-04.
- ^ a b c "All Announcements | Aquis". www.aquis.eu. Retrieved 2021-01-04.
- ^ a b MarketScreener. "Artemis Resources : Appointment of David Lenigas as Company Chairman | MarketScreener". www.marketscreener.com. Retrieved 2021-01-04.
- ^ "SUH.AU Company Profile & Executives - Southern Hemisphere Mining Ltd. CDI - Wall Street Journal". www.wsj.com. Retrieved 2021-01-04.
- ^ "Share Information - Anglo African Agriculture". www.aaaplc.com. Retrieved 2021-01-04.
- ^ MarketScreener. "David Anthony Lenigas - Biography". www.marketscreener.com. Retrieved 2021-01-04.
- ^ a b "NQ Minerals Plc (AQSE:NQMI, OTCQB:NQMLF,OTCQB:NQMIY)". NQ Minerals. Retrieved 2021-01-04.
- ^ "Lenigas takes over chair at NQ Minerals". Proactiveinvestors UK. 2019-11-14. Retrieved 2021-01-04.
- ^ "Team". NQ Minerals. Retrieved 2021-01-04.
- ^ "All Announcements | Aquis". www.aquis.eu. Retrieved 2021-01-04.
- ^ "NQ Minerals Acquires the Beaconsfield Gold Mine". finance.yahoo.com. Retrieved 2021-01-04.
- ^ "All Announcements | Aquis". www.aquis.eu. Retrieved 2021-01-04.
- ^ "US$55 million Hellyer mMne debt facility closed with ING Bank". Global Mining Review. 2020-12-03. Retrieved 2021-01-04.
- Oppose: per WP:NOPROMO Wikipedia is not a place for self-promotion. The addition of “qualified” to his mining engineer degree is not suitable per WP:NPOV, nor is the proposal for a short stub suitable for a section (it wouldn’t be appropriate either to have a Wikipedia version of Mr. Lenigas CV). Ferkijel (talk) 21:53, 29 March 2021 (UTC)
Untitled
edithello User:Praxidicae a couple of things... you reverted my edit in relation to both the quantum of the company's (NQ minerals) net debt, and the fact they had brought forensic investigators in to assess whether the debts were higher than previously reported. Both of these facts were taken verbatim from the administrator/joint liquidator themselves, as found within their statutory report, a facsimile copy of which is by law required to be filed at companies house (which was the source provided).
... and secondly the intent behind the edit is that to the random reader of this wikipage it is quite misleading. By mentioning that the subject was the (executive) chairman of NQ Minerals and also crediting the lifeline debt financing to his business acumen - but without also mentioning the company's rather severe insolvency (over GBP100 million), serves only but to mislead the reader in the extreme.
see 05-august 2022 filing at https://find-and-update.company-information.service.gov.uk/company/09540926 — Preceding unsigned comment added by 46.27.151.43 (talk) 20:16, 14 August 2022 (UTC)