Ann: Trading Halt, page-95

I am seriously going to short this stock as soon as it is out of their trading halt.
You can do it with CFD platforms.

Management really need to be replaced with a competent one.
Millions in the bank and they want more, doesn't make sense.

Hmm my guess would be a raise to extend the plant to flotation capabilities where they may be up for a couple of hundred mill ( just a stab).
I cannot see another plausible reason to raise at this point. They could certainly slow down expenditure on their other growth projects to prevent another raise if the amount of money required was small. I just think they held off telling the market about the problems they were having with ramp up and the fines for a long time. I'd argue too long given the decline in SP during this time as those in the know would've had plenty of op to get their money out. Just think they decided to tell market at the point they'd exhausted the capabilities of current plant to solve the fine's problem.

Always a chance something left field but that would be my guess.