For me , it is blatantly breaking the JORC ASX rules and the...

For me , it is blatantly breaking the JORC ASX rules and the disclaimers are never outlined properly.

IMO, they stuffed up the page 3 disclaimer that should have outlined the below:

**The potential quantity and grade of the insitu iron ore target is conceptual in nature, and there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of any mineral resource.**

This kind of investor presentation to the market stinks IMO and just perhaps, has caught a few off guard. If the reason for the trading halt is a placement, a few hours after the intital "presentation", IMO, they are also in deep water.