Antinuclear

Chi Ho William Lo is a director of EJ Resources, one of six companies invited to apply by Resources Minister Anthony Roberts last September after the state government overturned a decades-old ban on uranium exploration in 2012.

It followed an expressions of interest process during which EJ Resources was assessed in February and March by a panel that recommended Mr Roberts grant the company consent to apply.

It lodged three exploration licence applications on December 19.

But company records reveal Mr Lo and a fellow director, Siu-Wing Selwyn Chan, are former directors of Fifth Element Resources, which gained notoriety soon after listing on the Australian Securities Exchange in May last year.

Fifth Element Resources astonished market watchers when its share price soared from $0.20 to $7.96 in two months.

This valued the company at more than $300 million, despite it not announcing any significant news in relation to four gold and copper exploration licences it holds around western NSW. The licences were bought from EJ Resources the previous January.

On July 15 the ASX announced shares in Fifth Element Resources would be suspended from trading while an inquiry was launched into whether it had satisfied the rules for listing……..http://www.smh.com.au/nsw/mining-company-with-links-to-suspended-firm-first-to-apply-for-nsw-uranium-licence-20150114-12myku.html