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9.5¢ lindian resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-63

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morgarama

1,068 Posts.

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01/08/24

12:15

Post #: 75024612
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Originally posted by Cringer54: ↑

Vorster has gone on record saying AKs' phone doesn't stop ringing, just the ASX quarterly release states current finance negotiations are progressing and more coming to the fore.

As per issues listed in the thread above - there's no researching that one could do to realise if there is this genuine issue or not unless one were in attendance. Is there?

So instead, does anyone know what legal responsibilities lay in statements made in ASX releases and company video presentations? Are companies allowed to loosely misrepresent situations like financing progress?

If the answer is no, companies are not allowed to misrepresent - that's a big risk for a company to take in the event they have to turn around later and say no offtakes, finance or collaborations?

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They're not allowed to lie in asx announcements but they can use vague terminology such as "finance negotiations are progressing".

LIN Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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Last 9.5¢		Change -0.001(1.04%)		Mkt cap ! $109.5M

Open	High	Low	Value	Volume
9.6¢	9.6¢	9.3¢	$1.71K	18.02K

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No.	Vol.	Price($)
1	296523	9.3¢

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Price($)	Vol.	No.
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1	100000	0.091
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0.096	144888	2
0.097	50000	1
0.098	62379	1
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