cashflow and xstrata, page-7

I had a good look at the past three years of announcements and Trading Halts but did not find a lot. Read the following if you are interested in going over old ground. But please tell me that this Halt has nothing to do with Bengwenyama Minerals (Pty) Ltd and Others v Genorah Resources (Pty)(March 2010).

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Assuming Xstrata has not leaked anything, the only possible news out there is from the London Conference (those that were at the conference know exactly what NKP presented and we don't) It is unlikely that it contained news of a confirmed JV. It was probably more along the lines of the HK presentation, which again does not leak any news for or against a JV, only that one is pending and is on all probabilities, likely. You don't spend $10 million on a BFS unless you really want to proceed. When the JV was first announced were times better than they are now?

In the past there were NKP announcements about capital raisings without going to a trading halt.
In 2009 there were trading halts concerning Listing Rule 17.1. December 09 regarding a settlement and aquisition.
September 09 the Halt was also about an aquisition.
August 09 the Halt was about a capital raising.
(All three Halts advised the reasons when the Trading Halt was announced - unlike this time.)
Also, there was a capital raising announcement in 09 (which did not require a Trading Halt).

In 2008 there was one Trading Halt in August regarding the selection of a strategic partner. That Halt was also undisclosed. And what did it lead to? A suspension, followed by a settlement of prospecting licenses involving Genorah regarding the Anglo claim.

Assuming that Bengwenyama Minerals (Pty) Ltd and Others v Genorah Resources (Pty) Ltd (Formerly Tropical Paradise 427 (Pty) Ltd and Others (71/09) [2010] ZASCA 50 (31 March 2010), has nothing to do with the current Trading Halt, what can be deduced?

There were no ASX - Announcements as such, in 2008.

In 2007, there were also only two Trading Halts. Both involved undislcosed reasons at the time of announcement and they lead to a drilling report and a confirmation of rights and options over new farms.

During the whole period from 2007 to 2010, there were announcements without there being any trend or pattern that would suggest this news will be any bigger or smaller than at any other time.

The only other option is to read the announcements to identify what is regarded as too small for a Trading Halt.

There was an option raising in June 2007 of $7million. There were numerous other announcements that are all of pretty high value and that could affect the sp.

n.