Ann: Trading Halt, page-71

If one thinks objectively about it, we don't need money now, so why raise capital at a discount? The possibility of this happenning is virtually nil.

This means someone wants in and CR must be at a premium. However, CR is not an overnight thing. So from my view, this must have been negotiated a while ago and preliminaryagreed, pending the results from the drilling program.

This TH happened straight after the return of the Chinese new year and soon after the release of he record result from the first hole in 2018. So imo, this means whoever the player is have seen enough and wants to go ahead with the JV/off take/investment agreement.