Ann: Trading Halt, page-10

Big or small, timing is pretty normal, I perceive it is a basic cash flow CR.
$390K R&D rebate in June + $180K EIS grant + $860K in the bank won't be enough to pay the expenses and get the LH setup initiated.
Pretty sure also that IPT is sick of being clubbed by 708's and sophs dumping shares and options, so this one might be to existing SH & employees, or might be a small scale offer to targeted investors, or yes, maybe @coto a pro investor has offered a decent chunk of cash for a standard discount.

With any of those outcomes, it's certainly not the kind of stuff to worry about, but I am a little curious to see which way it plays out.
Luck seems to be consistently running with IPT this year, and Lake Hope is right at the centre of that, and I am very curious to see how effective the MMT survey targeted any massive sulphides at Arkun. And Hyperion assays are in a month-ish as well. That's plenty enough near-term potential for CR.
unconcerned,
Ice