These specs very often put on a capital raising whenever there's...

These specs very often put on a capital raising whenever there's interest in their stock - I would expect no less here. They had $4.47mil cash at 30June but their Annual Accounts show they had $1.3mil in accounts payable then add another $300k for admin costs this quarter and you're down to around $2.9mil cash at 30Sep.
At 30Sep15 they had $2.8mil cash and then did a placement in Nov15 followed by an entitlement issue to shareholders.
So next Trading Halt may not be for drilling results.