CGB 0.00% 2.1¢ cann global limited

Ann: Update re Release of Resource Upgrade, page-17

  1. 1,850 Posts.
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    A extra few tonnes of poor grade bauxite - Really exciting!

    I'm a little confused though - Why are they in this long suspension??

    Surely, like most other companies, they can release a JORC resource upgrade in the 2 days of a normal trading halt?

    It still doesn't bode well that the have submitted papers to the ASX, which have in turn have refused to release them as an announcement so QBL have to wait for more information/re-wording to take place.

    I don't see how people are finding this as a positive when they have not been able to release what would be a fairly simple JORC upgrade for almost 2 weeks now.

    Remember, QBL management emailed one of the posters here last Thursday/Friday saying the papers were with the ASX.

    It's clear they are trying to manipulate the JORC resource by using as little drilling/information as possible to just be able to pass compliance.
    Last edited by john_utah: 13/11/14
 
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