When they have gone into trading halt for capital raisings in the past they have said it is a capital raising. So I don't believe it is a capital raising.
I don't think the trading halt will be for the BFS release as that wouldn't fall under the banner of 'corporate update' as it is a project update.
I think the trading halt will be in relation to some sort of corporate activity involving Xstrata (JV execution probably, takeover perhaps) and the BFS will be released at the same time (i.e. if they were just releasing the BFS then a trading halt wouldn't have been deemed necessary).
Certainly something to look forward to over the weekend. Just don't put it over the bar till you have some confirmaton on Monday.
NKP Price at posting:
61.0¢ Sentiment: Hold Disclosure: Held
