Ann: Becoming a substantial holder, page-18

it definitely is.... from the second page of the announcement, representing GPX's request to the ASX:

REQUEST FOR TRADING HALT

Graphex Mining Limited (ASX: GPX), (the “Company”) requests a trading halt in the trading of the Company’s securities, effective immediately.

In accordance with Listing Rule 17.1, the Company provides the following information in connection with this request:

 A trading halt is necessary as the Company expects to shortly make an announcement to the ASX, providing further information on the status of negotiations regarding an equity joint venture, offtake and project finance for the Chilalo Graphite Project;

 The Company requests that the trading halt remains in place until the earlier of the commencement of normal trading on Wednesday, 24 May 2017 or an announcement in relation to the development of the Chilalo Graphite Project;  The Company is not aware of any reason why the trading halt should not be granted; and

 The Company is not aware of any further information necessary to inform the market of the trading halt.