The Trading Halt, is to enable the Company to provide an update on Financing.
This T/H could mean one of three different scenarios.
1/ The company is still negotiating Re the finance for the Project, if this is the case it means the deal as yet, has not fallen over.
2/ The company announces that the finance of the project is a done deal, and if this is the case, I hope their are no major strings attached, in that I mean, no more major share dilution.
3/ The finance, has completely fallen over, and s/hs are stuffed, which I hope for all concerned is not the case.
Good luck for all concerned, I hope you all have your day in the sun, because all you people have had is one very big black cloud over your heads, may the winds blow that cloud clear.
Cheers. Simmo.
FAS Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held