IMO the trading halt is to give the ADN geo’s time to do their own views and put together their own release of data which will have better maps etc. Think the ASX listed exploration companies give much better releases however this will be due to different listing rules.
If the stage 2 structure was being worked on I would have expected the request for a halt to include a comment about the earn in, which I don’t think it does.
The only reason it is price sensitive is due to the grade and length so close to the top.
is this major news that is going to drive the price north, probably not but it does put a bit of a timeout break on the depreciating share price.
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