Ann: Withdrawal of Section 249D Requisition Notice, page-52

Should the SP be any higher than what cash is being held? I thik it is fair to assume that the Cobalt is not commercially viable to mine unless cobalt price is multiples higher than what it currently is. The 5th largest reserve aint worth a pinch of nanny goat poo if it will not be mined. The fact DFS could not be made compliant shows that the company could not polish it enough to make it look viable and keep wothin ASx guidelines. If it was viable the money spent to prove it would have been done quickly. Only assumption that can be made is to produce it would have been that embarrassing that shareholders would have been more pissed to wonder why they bothered. Incompetence was a better path than showing derelection of duty to even proceed with it.