My initial instinct was a CR but the wording of the announcement doesn't seem to indicate a CR. Perhaps a "strategic placement" to progress the exploration may be on the cards...
I said it before if they actually have a second Sangaredi then a takeover would be on the cards but surely they wouldn't have an offer to purchase it already?
I'm probably reading into this too much but regardless whatever it is must be significant for them to request a trading halt. Exciting times.
Cheers,
DMac
LIN Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
