RMR ram resources limited

matsa trading halt

  1. 161 Posts.
    http://www.asx.com.au/asxpdf/20130925/pdf/42jlbqz5jq1mxj.pdf

    "Matsa Resources Limited (“the Company”) hereby requests a trading halt in its securities with immediate effect in accordance with Listing Rule 17.1 pending an announcement with respect to air core drilling results at Symons Hill."

    I would be very surprised if the 2 day trading halt was just to announce they haven't found anything during the initial air core drilling at Symons hill, especially as Matsa have a number of drills planned in the Fraser range area and beyond, so a non result wouldn't be that significant. A positive result however!!!

    Another Nova type discovery would certainly add a little rocket fuel to the share prices of the Fraser Range companies.

    Regards

    Wriglet
 
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