IMO, the company has been in crisis management since mid Oct ; hence the misleading anns of the 21st Oct, 28th Oct , 31st Oct & 3rd of Dec.
Also, IMO, the company likely knew of the half poundage yield as far back as Sept but they were confident then that the $10.5 mil USD DL contract
would see them good into 2020 and beyond. This did not exempt them from reporting the poundage shortfall in Sept, IMO. I am surprised that the ASX did not require CLI to give update on the crop & reconfirm forecasts when CLI was placed on the watchlist early Sept.
All IMO Only.
Ann: Response to ASX Aware Query, page-126
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