CGB cann global limited

Thoughts on Addendum, page-9

  1. 426 Posts.
    As a result, we
    also caution investors against using
    any
    financial
    statements
    from that
    announcement to
    imply the
    current
    economic viability of the project as
    a basis for investment decisions unless and until
    such
    additional information can
    be disclosed
    in due course
    in accordance with the ASX listing rules and the
    Corporations Act 2001.
    In
    addition, t
    he ASX has advised the Company that where a production target is
    based solely on inferred mineral resources, it is necessary to complete and
    release on the market announcements platform an independent technical report
    that supports the productio
    n target. The Company is yet to produce that
    independent report.
    As a result of all the above
    , the Company
    unreservedly
    retracts the production
    target
    and any potential associated
    bauxite project
    financial revenue
    statement
    s
    that
    may be implied
    i
    n that a
    nnouncement and
    we advise that investors
    should
    seek the advice of professional investment advisors before buying or selling any
    shares in the company.
 
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