The issue I would have Owl is that RS has nothing to do with MXC anymore.
ODC would want irrefutable hard evidence of wrongdoing from a reliable source before they used that clause to deny a growing licence (the other two Australian licences are being applied for by RMIT and HL). As far as I know there have been no legal sanctions imposed on current board members. I'm not even sure if the lice had been knocked back that MXC would have to alert the market. Maybe that is not a requirement anyway. To be completely frank, obtaining an Australian growing licence is not essential anyway to MXC operations.
Anyone with genuine concerns should really do MXC shareholders a favour and take those directly to ODC - maybe telling that this clearly has not happened.
Good luck with you new investment. Hope that pays off for you - and I hope the road is a lot less stressful than your journey with MXC.
Where is?, page-290
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