Ann: Webinar with Managing Director - Mt Margaret Copper Project, page-16

Is it?

Proportion of assets in cash

12.3 If half or more of an entity's total assets is cash or in a form readily convertible to cash, ASX
may suspend +quotation of the entity’s +securities until it invests those assets or uses them for
the entity’s business. The entity must give holders of +ordinary securities in writing details of
the investment or use. This rule does not apply to the following.
• A bank or a non-bank financial institution.
• A +mining exploration entity or an +oil and gas exploration entity, unless ASX decides
otherwise.