Ann: ASX Waiver Decision Listing Rule 10.11.3, page-40

BF,
We don't know all the facts yet.
Covid-19 is probably responsible for half the new shares.
As for Tortoise & hare, Ruane, given his time lead over everyone else, could have gone with virtually any SOP lake in WA but he stuck with LD despite very protracted negotiations with the Martu and nearly 5 years dealing with the WA EPA.
The project for LD is the same now as initially presented over a decade ago, much of the initial test work was done in house, all of which suggests he knows what he is doing.

The saving grace for KLL should be low operating costs.