The timing is strange. The potential explanation for it is that...

The timing is strange. The potential explanation for it is that they were offered an opportunity to purchase something at a bargain price, or a similar kind of a deal. Would they want to do a placement just before the anticipated sp increase on announcement of a gold pour and production? Probably not.

I hope it's not yet another gift to "family and friends" at a 40% discount, just before the sp is expected to run. We have seen it done by this management. For me this would be one time too many to forgive, and I am serious about it. This would be the time to bring this matter to the attention of the regulators. I agree with GC that they did not ask for a trading halt in the past, so it is likely to be a "bigger event", for a bigger and better reason than would be required if they just experienced a technical problem with the plant. To conclude, I am expecting good news, but I will repeat, that the timing is strange.