LR 11.1.2 is prescriptive, ASX do not 'work with' companies they simply apply the rules, which DNK do not seem to comprehend. Without an alternative potash project, DNK are simple forced to re-comply, when an alternative industry segment is chosen. This involves a fresh round of documents for shareholder approval. So given that this Chairman and executive haven't delivered on anything they've said they would, apart from completing a forced sale process, and the long timeframes we know working in Eritrea delivers, and the LR 11.1.2 with its prescriptive requirements, one could only hope to see this company relisted within 6 months. Don't hold your breath. Whilst I am not directly accusing them of lying to shareholders, judging by the confusing series of announcements from Cornelius and McPherson, they seem to be badly entangled in their own web of cognitive dissonance, incompetence and inconsistency. Majority of Shareholders don't seem to care....they didn't get a second strike.
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