cap raising

i think the trading halt is very unlikely to be for a cap raising at this stage - why would you ? - need the SARB approval before you can attract any serious insto dollars into the projects - once SARB have approved, share price should rise, making it far easier to justify a cap raising in the 20c+ bracket. That level is significant because I believe that offers another route to changing from being an industrial to a mining company under the ASX listing rules.

This has to be either a yay or nay on the SARB approval - Some have mentioned the possibility of it being an extension to complete regulatory approval. If only an extension, you would have thought they could have put that info out immediately, without coming off the boards with a prolonged trading halt.