In 2006 and 2007, PDZ only halted its trading twice. Both trading halts occurred this year and were instigated to finalise placements by the company to sophisticated investors.
A resource upgrade is due by the end of August so it would seem that is why trading has been halted but possibly the company is also securing financing for a ball mill, which is the longest lead time item to get into production.
We will all know soon enough!
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