This has nothing to do with ASIC
It is the ASX applying the JORC code via its guidelines.
The company cannot be "right" because it has not followed the ASX guidelines.
Dozens of companies have tripped on this issue in the last 12 to 18 months
For LMB to trip over the same issue after so many have been pulled up is just bad management, nothing less.
It is nothing to do with the scoping study outcome.
It is nothing to do with being an optimist.
LMB tripped over its own feet, which is just clumsy.
Cheers
Gosouth
This has nothing to do with ASIC It is the ASX applying the JORC...
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