If the ann is read properly on BCC, it sys that the money is needed for "The trading halt is required as the Company is finalising a capital raising that will give the Company the option and ability to fund a significantly expanded drilling program at the Lee County project on receipt of results from the first two planned wells."
The key point here is the significantly expanded drilling program on reciept of results.
IMO, results are in and the ann on Tues will be multi facted. CR ann first - let the panickers leave, followed by the ann re results and spudding
