As I said,
I realise there are many here who are apologists for the company and have been all the way down from 60 cent to 6 cents.
"Confidential: Metgasco advised the minister that it would be premature for the approval to be signed and announced yet as there would be ASX/share price ramifications that need to be planned for. "
There ws no trading halt when it was announced.
The trading halt occurred the next day on the announcement of the spp.
There was an obligation to report the news to the asx and shareholders but they delayed the announcement.
As I read it, Metgasco knew news of the production license would rocket the sp.
And then when news of the Govs green light was to be released a few weeks later, there would be another rocket.
Any CR would have been done at much higher prices and thus less dilution.
So why did the coompany choose to organise a sppp before they broke the news!!??
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