PZC announcement on 12 May 2017 stated "USD 500,000 committed to update Feasibility Study". I assume it is in motion. If it hasn't progressed and PZC hasn't informed the market it would be a material breach of reporting requirements. ASIC would be over them like a rash. I don't think our board are that dumb.
Ann: Letter re late lodgement of Appendix 3Y, page-9
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