It looks to me like the BoD automatically assumed the investment of A$1.68 million in Battalion/High Mannor met with AIM rules of making an investment/RTO within 12 months, but as it was made a month prior to the change in the Company’s investing policy, only approved by shareholders at a general meeting on 12 February 2015, the AIM regulators have rejected it as not making an investment/RTO within 12 months of changing the investment policy. Unfortunately, rules are rules and AIM regulators are sticking to the letter of the law. This is a pain in the a*** for us investors as we are locked in (unless sold today) until the suspension is lifted, but it is not disastrous, indeed, it could turn out to be a good thing by pushing LDP along faster than intended. On a positive note, the BoD will have to RTO Battalion/High Mannor, which was probably always the intention, and should take 3 to 4 months to complete. If and when this happens, production and income should be in full flow and bode well for us investors when the suspension is lifted and dare I say that today is an opportunity to buy shares cheap prior to suspension. As Bigem and Steve58 quite rightly point out, the main investors are still here and have faith in the BoD. All the above is IMHO only. Good luck all genuine investors, see you in a couple of months.
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