Perhaps, but that does not escape the obligations of a listed mining tenement holder. My understanding is that the ASX has not required JORC compliance around statements relating to Elazac for the very reason that you nominate. There's also the problem of debt against equity funding of this whole thing and my personal view is that debt has not worked out for any shareholder, the largest in particular.
Perhaps, but that does not escape the obligations of a listed...
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