oh really?? The one that was completed by 2020 but never released?
2020 annual report: “The Company completed a scoping study; however, the market capitalisation of the Company versus the capital cost has prevented the disclosure of the economics underlying the Haggan project"
goes on to say:
"The full outcome of the Haggan project scoping study has been impacted negatively by the application of INFO 214 Forward-looking Statement issued by ASIC which sets out minimum market capitalisation to capital cost of an entity which must be satisfied before a full scoping study can be issued to the market. This interpretation by ASIC of a requirement to consider financing of a project at a scoping study phase is at odds with industry practice which regards scoping studies as a decision required by a project sponsor to either continue to invest or abandon a mining project.”
Did they change the focus on that study, or say why or how they can release or now as opposed to then? Thought at that time they were already planning relatively smaller pit sizes.
Was the ASIC regulation changed? This really just leaves more questions.
The scoping study is due by Oct right?
AEE Price at posting:
25.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)