Ann: Suspension from Official Quotation, page-34

Sorry just found another article which goes with my first theory of a write down.  What I find strange is the write down is a book value adjustment, why would they halt a stock for 7 business days to do that?  Also why wouldn't they state the reason for the halt (e.g. reviewing carrying value or considering sell options pending a valuation review)

"Gindalbie Metals has suspended trading of its shares ahead of the likely announcement of a substantial writedown in the value of its troubled Karara magnetite mine."

https://au.news.yahoo.com/thewest/business/wa/a/24605190/gindalbie-halt-ahead-of-writedown/

Maybe this article is speculating, but curious there are two articles with two very different reasons for the halt.  Do love a bit of speculation.