Wouldn't this have to do with the Mt. Roe Heads of Agreement,...

Wouldn't this have to do with the Mt. Roe Heads of Agreement, which was extended until late May?

That required shareholder approval, so they'll need to get cracking on that otherwise it will have to be extended again. From ASX ann in Feb. 2018:

"The Variation and Extension have been executed to allow the Company more time to hold a general meeting of shareholders, after its current suspension has been lifted, for the purpose of shareholders considering and voting on the resolutions relating to the acquisition of Mt Roe Mining Pty Ltd."

A cash raising should also be a priority, as there was only $110k in the bank at the end of the last quarter.

Disclaimer: Never been a holder but have been following this fiasco on and off for a wee while.