@LD99"Wowsers it somehow gets worse"Considering the value...

@LD99



"Wowsers it somehow gets worse"

Considering the value mentioned relates to an early figure derived from a scoping study I'd be inclined to believe it is not in contravention of 5.16, 5.17 or 5.19

5.19 An +entity that has issued a public report under rules 5.16 or 5.17 is not required to include the information set out in rules 5.16 and 5.17 in any subsequent public report in relation to a +production target, or forecast financial information derived from a +production target, provided all of the following conditions are satisfied.
5.19.1 The subsequent public report cross-references the initial public report referred to in rule 5.16 or rule 5.17 (as the case may be).
5.19.2 The +entity confirms in the subsequent public report that all the material assumptions underpinning the +production target, or the forecast financial information derived from a +production target, in the initial public report referred to in rule 5.16 or rule 5.17 (as the case may be) continue to apply and have not materially changed.

The figure quoted was based off an earlier scoping study which contains all the material assumptions that underpin the value.. Ergo it is compliant & actually made it past the ASX on first pass at 8.48..

So why would a stamped release be forced into retraction after hours later in the same trading day.?

I have no idea? ;-)

"Somehow" these REPORTS will remain always shrouded in mystery... !

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