The announcement read:
"The trading halt is requested until an announcementment is made to the market regarding a material company update"
Looking at the wording a "COMPANY UPDATE" says to me that this announcement is coming FROM the company, and is not external, ie: a takeover etc etc, but is an UPDATE.
I will take a guess & say that this is an update on Savanna, as beside the BFS or current drilling, that is the most important thing to UPDATE the market on.
We should know this morning!
:)
regarding a material company update
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