stb - trading halt...pre open till 9th of feb!, page-13

CC,
Although I am not Australian I do have a bit of background in trading Australian explorers. A trading halt does not make sense if something bad happened. This could and should be announced immediately. Why waiting. However massive sulphides can be seen before the grade is known. In my geological amateur way of thinking they are following up hole nr. 80 which showed 3.5 meters massive sulphides of more than 2 % nickel. So stop trading means that they found something better. Maybe an extension 50 mtrs further or whatever. But only Labo work can tell you the percentage of nickel in the core. It might be anything between 2% and 6%. Its better to stop trading before you can come up with a proper announcement. You dont want to sell your shares at 40ct to some dude in the labo who noticed that the nickel content was 6% or more.
I love Rosie even more if she is massive.
Cheers
Klaas