drilling at panorama cbh sulphur springs, page-17

Hi Gonefishin,

Thanks for the explanation, official text book addition..............!

Will be interesting to find out what the trading halt is about, won,t it, could be Tuesday, I had a feeling it had something to do with Sipa rewarding their employees, then the placement to Sophisticated Investors, so was just thinking....................why the placement? Maybe the money that is available has been allocated somewhere else and this is a large amount they need with a deal to finalise things, that was my thinking. Sipa were the ones applying for the Aborginal rights on Dorisvale, but Red River Resources have a deal which requires Sipa to pay out a couple of 5 million amounts to proceed? If it is that deal? It has to be something that they have needed in a hurry.?

Have you any ideas?

Cheers dma