Ann: Quarterly Activities Report, page-3

" How can JDR be still delaying making a decision on an acquisition after it has entered into a binding agreement to acquire?"

he agreement is subject to a number of conditions precedent including
o completion of Due Diligence on the Austrian Lithium Exploration Licences by Jadar;
o Jadar obtaining all necessary shareholder or regulatory approvals required by the Corporations Act 2001 (Cth) (Corporations Act) or the ASX Listing Rules in relation to the Acquisition;
o Mr Martin Pawlitchek resigning from and Mr Steve Dellidis being appoint to the Jadar Board; and
o the parties obtaining any other necessary third-party consents to allow the parties to lawfully complete the Acquisition;