Also, material information is, by law, supposed to be posted in a timely manner, without undue delay.

Jason apparently said that they expected a News Release out on or before the 20th. That was ten working days after the March 6th deadline that we had for the review period.

There is a 10-day delay allowed for a Material Change Report to be filed on SEDAR. A Material Change Report is what is issued, for instance, when they close a PP. It defined as "a change in an issuer's business, operations or capital that would reasonably be expected to have a significant effect on the market price or value of any of the issuer's securities..."

Material Information has to be filed immediately, but a Material Change can wait apparently. I have been speculating that a Material Change would be the transfer of Liard shares, whereas Teck refusing the Feasibility as Bankable would be Material Information. So, given the delay, it looks more like the Liard share transfer--that is unless Jason was only referring to the NR announcing the closing of the PP.