Ann: Update in relation to Half-Year Financial Statements, page-7

I am gobsmacked.
It is utter rubbish verbage.
How can anyone expect any reasonable person would accept that excuse?

" On that basis, whilst the half-year financial statements remain accurate in noting that the "parties are required to complete various conditions precedent", the use of the off-take agreement as an example of the condition precedent was in error. "

absolute rubbish!

that's NOT what the accounts say.

According to the above, the accounts state emphatically that "The parties are required to complete various conditions precedent including an off-take agreement to first be secured for the first year of the Pune plant's production capacity to be pre-sold. "

It is not an example of a pre-condition - it is an emphatic pre-condition. It was a statement of fact.

Now they are saying that the statement of fact was an error!
So just how can the financial statements still be accurate?

All LWP had to say, was that they made an error, and leave it at that. (Because we are used to them making "errors", again, and again, and again).
Just stop feeding us rubbish please.
This really is just getting stupid.
How long will ASX and ASIC let this farce continue?
The real problem for LWP, is the past is catching up with them!