"The most telling is the recording of data in a haphazard and unprofessional manner." Seems also like a bit of "do not look at me".
"The Board was entirely reliant on representations of previous exploration management"? As my mother would say, "you got a flaming tongue in your head haven't you? Use it" So for me "mea culpa" doesn't cut any slack.
"Our experiences have led to a much better understanding of the timing required to achieve metallurgical analysis and a resource definition. The Company was misled in the past as to what could be a realistic timeline to complete such a process."
I see this as a confession that the Board had no clue about mining issues and mine project development that they could not see a rat.
Oh! and when can anyone see a real time line?
Executive Director Peretz Schapiro retired to concentrate his efforts on several projects, including Loyal Lithium Limited (ASX:LLI), of which the Company retains a significant shareholding.
What is his title at Loyal Lithium and official relationship with ASRA.- secondment? But he retired. Really - retired?
The Chairman's review does not fill me with much confidence. Feels like more of a white wash or pass the buck.
ASR Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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