If there is no EGM announcement by the end of January, there is no way a February listing is going to happen. Also, you can't depend on the presentations for AUS, because I remember reading one back in 2013 giving dates that never eventuated. Either the demand is not there, or they are dragging the chain for a reason, other than ASX rules. In my opinion, it is the former because this is not an isolated case. Furthermore, it is more than likely that positive sentiment towards the resource sector, thanks to improved commodity prices, is speculative in nature and without legs. Of course, that is great for current producers, but really is there room for new producers to come on line? Will check back again next month year.
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