Ann: Trading Halt, page-129

Fair comment. What always occupied a place in the back of my mind with ASM was that it is utilising new technology and methodology in its processing operation. Rarely, if ever, do projects like this follow a smooth timeline. Add in the factors relating to plant construction, mine approvals and construction, feedstock supplies, offtake agreements and sales contracts, and you have a hell of a lot of balls in the air. Management can be brilliant, but there are still many factors out of their control, and at the present moment, some of those factors are proving difficult to negotiate. That, I believe, is the reason for the type of language being used in updates.