Couple of interesting remarks in the Annual Report
Re Riley Creek
"Continual delays created by the appeal process combined with a deteriorating iron ore price saw the Company suspend project development until unencumbered approvals have been granted and market conditions improve to a level where an adequate return may be realised from project development."
"Further information on likely developments in the operations of the group and the expected results of operations have not been included in the Annual Report because the Directors believe it would be likely to result in unreasonable prejudic
e to the group."
Annual Report
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