seriously though... they don't need a jorc to engage a potential customer with an MOU
and because (for the same reasons GoSouth said.... bauxite impurities are complicated for investors and it not big margin mining) investors will read the announcements to date and struggle understanding it, struggle to know if its good or bad.
but....if a potential buyer says "yep, I am keen and here's my stated interest" all of a sudden investors can have confidence in the project
Ann: Assaying Confirms Very High Grade Conglomerate Bauxite, page-18
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