Ann: Trading Halt, page-87

All this fuss over what we have been expecting since last year!

Trading halt to announce clearance from the Salta court being the last item to complete the sale of northern tenements and release of funds from escrow.

The halt till Tuesday is standard ASX time allowance, expect the announcement sooner.

The announcement will not be made until consultation with POSCO, as they have to notify their own shareholders as well, so the timing will be coordinated.

But as others have alluded to, this may be the dam breaker, and there could well be other announcements to follow over the coming days and weeks.


BTW... anyone noticed the interesting positions being taken whilst the halt is on. As I post this there's a sell of 10,000 @$1.62 and buys up to $2.20. Place your bets, the wheel is spinning!