Halt possibly until tomorrow morning...
PEN doesn't do halts lightly this should be good. They have no debt and they have cash so it won't be bad on that front.
Take your pick:
* Positive metallurgical/hydrological test results (highly likely)
* JV (don't think so but would be nice)
* Finance/Investor (possible...)
* T/O (anyone else in halt?) - Hope not :(
* Major find at Karoo (highly likely)
* Major find at Lance (highly likely)
* Major land aquisition and they have finally decide to make some noise about it. (highly likely)
* Major gold find at Raki Raki (possible...) Hope they sell and cash up :)
Who knows? However I do agree it seems someone may have know something.
Ann: Trading Halt , page-12
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