I don’t agree with the sentiment that the trading halt is in...

I don’t agree with the sentiment that the trading halt is in anyway an indication of how good, bad, or indifferent the updated MRE will be. For me the reason for the TH is simply to protect (both ways) against any uninformed trading i.e., the company being in receipt of the final batch(es) of assays going into the update and needing time to finalise the calculations.
Nevertheless, it will be interesting to see what is delivered…I personally can’t envisage this MRE update including any of the wide-spaced drilling on the northern arm of the Yin ironstones, the completed holes released on the 13th of June are ~600m apart and they wouldn’t have had the time between since then to infill. So, I’m assuming its mostly going to include the southern portion and any infill areas within the existing MRE that may be upgraded into indicated category. Given the next tranche of LTI’s is at 20Mt (inferred)…..might scrape in.

I guess the wildcard is if they include any of the C2-C3 results for a first pass resource, but I'm guessing they will hold off on that.
I'll be keen to see come quarterly results time to see how the updated MRE numbers compare to the cash burn (i.e. discovery cost per t/TREO).