KAU 6.45% 14.5¢ kaiser reef limited

Ann: Pause in Trading, page-24

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    Page 2 does not come out until the official TH notice ( which is page 1). A Pause in Trading is just asinle page.

    It seems the Pause/TH has caught us off balance. Given we only started drilling on 3rd Sept or a little bit earlier. So about 12 days drilling. Its RC drilling, typically 30-40 metres per day ( single shift), so they should have drilled say 3 holes to just over a 100 + m depth each. Cant see a Pause for a drill stem sticking or hitting a void ( existing adit). Something like that can be put out in a single line announcement, if it warrants it. Rarely does a stuck hole warrant a TH, unless its a deep oil/gas exploratiion hole. Await with interest
 
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