trading halt new issue to significant player, page-2

Could be any one of a number of possibilities.

The Chinese are just in process of buying MIS who are to the north of Doolgunna

The Chinese were negotiating last year to invest for the Borroloola projects before those talks were shut down by new management.

The Ukranians bought Consmin for the Manganese that is a target for SFR in the NT

There are a number of aussie miners looking for targets.

I've noticed some yank hedge funds getting involved in some other explorers I'm involved in.

They say its a major mkt participant, my guess is someone from Asia and maybe someone new, an Indian name perhaps.

Will be real interesting on how much money it is and whether its for specific projects or general purposes.

Looking forward to the announcement next week