The Company had previously announced the exploration targets for the Kachi Lithium Brine Project on 27November 2018 which had included the Competent Person statement. However the unchanged explorationtarget included in the ASX announcement released on 3 April 2019 titled “Kachi PFS to unlock Top 10 GlobalLithium Brine Resource” did not include the Competent Person statement.
The trading halt is requested until the earlier of the release of the Competent Person statement or prior tocommencement of trading on Monday, April 8, 2019.
We have a trading halt for that??? If the competent person's statement was the one that was on the unchanged announcement of 27 November, why not just a cut and paste and sent to the ASX immediately that they had noticed that it had been omitted from the 3 April announcement??
Maybe they stuffed up the reason and it should have been about this?
“Discussions will soon be completed with various technical providers of internationally acceptable PFS studies, sothat the Company can demonstrate how Kachi can be taken into production using new direct extraction methodsat a competitive cost.
Otherwise, if it's just about the same competent person's statement, unless it's a different competent person, but why??
I just hope that they are getting too excited and are ballsing up the admin side of things. Soon know, but!!!
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