In Australia there is a long history of ASIC failing to follow...

In Australia there is a long history of ASIC failing to follow up on director fraud and negligence in the mining industry. There is plenty of proof in this case, particularly the series of company announcements about production which clearly unachievable. So either the directors were just turning up to meetings to be paid to do nothing, or they deliberately released false information to try to boost the share price.
One quarterly announcement clearly showed either fraud, or they had nobody in the company who had any idea how heap leaching works, despite claiming they had received "expert advice". The only "expert" they had on site had their contract cancelled when they first alerted them to the issue in mid 2023.