Trading halt would be required if the details of the deal were being worked out by both companies and news of such a deal was not publicly known.
The deal has been disclosed and both parties have agreed to it. A mine handover doesn't occur as soon as MLL has the cash in hand to pay for it. The process takes weeks to finalise as is happening in this case.
The transaction is completed as far as the market is concerned therefore no new information is being withheld that would require a trading halt.
A momentary halt will occur once the handover is done establishing the first date the plant is being operated by MLL.
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