looks like a capital raising, page-4

Could be. SP manipulation before the halt? Who knows. Bit strange to do it now though - before assay results are released. If results are good and SP goes to the moon they could raise the money at a much higher SP. Directors would have a very good idea of what they have found at Punt Hill. Their Geo would of logged the core and estimated the grades. If they are raising now - may mean that they know results won't be that good and are trying to take advantage of high SP now????

Alternatively, the big jump before the announcement may suggest otherwise. Seems like some insider trading going on there all morning prior to the halt. Some of those labs are like sieves, all it takes is one quick sms to set a bushfire raging. The lab has probably started processing the samples, probably good results, word got out but the lab is still in the process of going through the samples and putting together the results. MOX got slapped with a speeding ticket, knew the lab was processing, suspsected insider trading, had to chuck a trading halt on until results were ready to be released.

Alternatively, insiders found out lab had started the assays and are speculating as to results - ie may still be negative results.