Some key takeouts IMO is -
1. “the ASX has various concerns” as per page 3 and not “serious” concerns..the initial in-principle application wasn’t too far off or else ASX would have already knocked this back....seen other companies have their submissions simply rejected with no qualifications
2. WFE state they are making “significant progress” in addressing the concerns...promising that the ASX is allowing them to continue with ticking the boxes....the JV is incorporated (tick), plant operating license b awaiting admin approval (tick), the ore suppy agreements proposals under review (tick), AHIC and Airguide finalising offtake agreements (tick) and the independant plant valuation report underway (tick)
3. Like many have factually stated here said previouslyASX wanting in depth details needed for prospectus due to change in nature and scale.
Main problem of junior getting huge project is can’t just be incorporated has to be fully explained as if IPO to meet Ch. 1&2 but all sounds good with delays to meet asx requirements...sticking with March captain marvel relist with April saleable product “end game” IMO
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Some key takeouts IMO is - 1. “the ASX has various concerns” as...
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