In the previous ANN by LLL they specifically state Ganfeng has agreed as a part of obtaining 55%, to assist with discussions with the Malian government. As RedBaron has excellently put this will add a lot of weight to the negotiations. Additionally they can't just keep trading with an uninformed market. They need to halt to discuss with Ganfeng and come up with a response. This is the whole reason other companies have gotten in trouble in the past because they DIDN'T halt to make an ANN and kept trading with an uninformed market. ASX can stop a company from operating if such trading rules are broken (one of them is in neighbouring DRC). Simon and CO are doing everything by the book IMO 100% certain of that.
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Last
33.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $608.4M | |||
| Open | High | Low | Value | Volume |
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