mun trading halt ..., page-18

My bet is:
* Engho to be closed till say June next year because of
park/road issues.
* Engho will be put on a maintenance schedule for now.
* Further drilling at Engo to define resource
grade/quantity will also take place.
* A CR will be asked/made to payout current debts.
* Current funds held will be used for current ongoing
operational outgoings (and director fees)
* If a Placement has been already made would have been at
say 4.5c. Because someone has been stacking price over
last few weeks not to fall below 4c level.
* Someone may show an interest in Torrecillas as Co is
unable to raise some $40 million dollars to get it
operational. We sell Torrecillas in exchange for some
script in the new Co.