No it is not an incorrect statement.
You should read from the top of pg7 of the first announcement dated 12Oct23 at 4:00pm being the Notice of AGM - you will see that the prior approval for a buy-back granted on 25Nov21 expired on 24Nov22 just as approval for the current buy-back granted on 30Nov23 will expire on 29Nov24.
It is also necessary in all buy-backs to lodge an Appendix 3c form with ASX at least 14 days prior to commencing the buy-back. They have not as yet lodged this form so the buy-back won't be commencing in December which we all knew anyway - you can hardly start a buy-back after telling the AGM that current funds remained tight and were getting tighter with extended delays in getting paid from the refiner.
General discussion, page-3293
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