That's my interpretation as well. It was almost 11pm in Brazil when the pause in trading kicked in.
IMO what is most likely is that after ~4 days of 2x drill rigs digging through the first two holes (these first two holes relate to areas with high quality lithium rock chips) - they have found some good pegmatite hits at depth or similar.
@finnind IMO if there was to be a delay I don't think the company would ask for a trading halt. They would simply provide a drilling update ANN.
The trading halt indicates there is some price sensitive news that management are now in possession of.
Ann: Trading Halt, page-99
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