Hi StephenK
The most important short term information for Traka will come out on Monday. Cassini announced a trading halt and then a suspension last week and they have said they will announce their recent scoping study results in West Musgrave before the market opens on Monday. Cassini's massive joint venture partner OZ Minerals has also said that it will announce in the middle of the 4th quarter whether it is going to continue the next expensive stage of the joint venture so it is likely to make that announcement next week too and maybe even on Monday. Traka has sites all around the Cassini site and Traka went up solidly last week straight after Cassini said that it was about to come out with its scoping study results.
I know the GXY joint venture is an important one for Traka too, but the Cassini results on Monday is going to be very important for Traka. I have big shares in both Traka and Cassini so I just hope it is going to be positive.
Cheers GPASAS
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