You did read the announcement didn't you.....??
An independent review....... will take time.
1. the Company is seeking a voluntary suspension pending the release of an announcement in respect to
an independent review of the Company’s capital expenditure costings and contingencies in respect to
its Beyondie Sulphate of Potash Project and future financing requirements
I'm trying to take some comfort from the fact that no news seems to have leaked out (that i can find...) about causation for this independent review. There was an investor preso released 19 days before the suspension announcement, so something has happened to the accounts in that time bring all this to a head.
Mal, Brett and the team have performed extremely well until this announcement. I'm sure once the independent review is completed, swift action will be taken to remedy the situation. Hopefully we get the full story around this apparent 'shortfall' in financing, can execute a solution and move forward from here.
GLTAH.
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- Ann: Suspension from Official Quotation
Ann: Suspension from Official Quotation, page-86
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