Good morning,I have gone thru the last two announcement and...

Good morning,

I have gone thru the last two announcement and noted that these had been written by Jane Morgan Management (Jane Morgan Management - Investor Relations & Media Communications) - I am confident that this outfit has got the suspension notice requirements under control.

Reasons why this has taken time may be;

1. Time differences - ASX Perth office
2. Jane Morgan involvement will add more time as they need to collate all the required information
3. Getting additional information from customers - in UK and the USA
4. AR9 board approval
5. ASX Compliance review and agreement to resume trading

While a suspension from trading is not ideal and I don't agree with the lack of consistent approach by the ASX , we still have no choice but to abide by ASX rules. Why I say not consistent is when DTR ran from .009cents to 17c, increasing by 19 times (1900%) within six weeks, not even a pause by ASX compliance and there was not even a price query. This DTR run was all on the back of the US president mentioning the Colosseum REE project. There are other numerous examples of ASX not being consistent with their all important compliance role.

Over the last few years, AR9 has been on an amazing journey with a world leading product - recently they have been generating revenue and cash. This is good for Australia, ASX and investors. It appears that ASX compliance team may be under resourced and should revisit the skill sets required. If you check the LinkedIn profile of the staff member who first did the pause, I wonder if they really understand the impact of an announcement in relation to future earnings potential - hence the SP reaction in the case of AR9 after the last two announcements.

Trading to resume today.