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Press statement Minister for the Northern Territory, Mr. Kep Enderby



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PRESS STATEMENT

■ MINISTER FOR THE NORTHERN TERRITORY,

MR. KEP. ENDERBY

The decision of the Directors of Kathleen Investments

(Aust.) Ltd., to request the Australian Associated Stock

Exchanges to suspend trading in the shares of Kathleen

Investments is rash and unnecessary. .

Cabinet Submissions are being prepared on the best way to

overcome the difficulties that face Queensland Mines Ltd.

The problems are difficult and compounded by the existence

of the mining licences in Aboriginal Reserves in the Northern

Territory. The Woodward Committee of Enquiry into -

Aboriginal Land Rights has to consider this problem. "

The Government will do its utmost to ensure that the .

shareholders -do not suffer. - . .

CANBERRA. 17th October, 1973.