Ann: Trading Halt, page-11

Yeah agreed. I would assume they are combining a cap raise announcement with some drilling results/update on intention to proceed into small scale production at Mwilu now they have their first results from there confirming initial grades.

They had 1.9m cash on account with expectation of 1.45m outgoings this quarter. So a cap-raising was always on the cards. Given how they combined the "we found no lithium" announcement with the "we've just picked up a bunch of cobalt tenements", I'd assume they're doing the same here again. Timing the negative with the positive....

Maybe...