SGX raises more questions on ISR Capital’s second mineral valuation report

SINGAPORE (Nov 21): The Singapore Exchange has thrown up further questions for ISR Capital' latest mineral valuation report for the group to respond on Monday evening.

SGX revealed that the first valuation report prepared by Geologica did not comply with listing rules as it was prepared by a sole proprietor. ISR Capital thus had to appoint Al Maynard & Associates to prepare a second valuation report.

(See also: ISR Capital’s Madagascar mine estimated at US$1.1 bil in new valuation report)

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