Would think it could only be ASX/ASIC checks - dotting i's and crossing t's.
More $$$ for the lawyers.....
If you think of all the parts involved in a potential deal which sees this project finally get moving - an overseas project involving African countries, Chinese investment dollars and two Australian listed shells (effectively...), both with 'histories' with the ASX/ASIC - then one could probably understand ASX/ASIC being overly cautious on this....
Remember, the regulators were panned mercilessly after PDY's infamous Oakajee funding announcement.... (how could we forget.....!!!).
Whats the saying - "All good things come to those who wait....."
Have a great weekend & GLTAH.
ANS Price at posting:
1.7¢ Sentiment: None Disclosure: Held
