They have been ‘encouraged’ or equivalently optimistic in their ASX announcements for a long time now with bugger all results to show. The last ASX announcement implied that the suspension was not directly related to the arbitration, the pr spin doctors chose this time not to repeat “with respect to its mining and exploration rights”.Clearly, they don’t have the ML, and it would appear CATH are not keen on dispatching their cash until this is in place. 2 weeks aligns with the confirmation on the composition of the Arbitral Tribunal but that is only the first step on a long and tortuous road. WTF is really going on.
Left of field, imagine if it transpired that Tesla or equivalent is the new equity partner that would blow the roof.
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Ann: Extension to Voluntary Suspension, page-41
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