This is not a cross promotion. I use it as an example as it has US exposure in a large market and EAS (Eddie Sugar) is also onboard.
AJX. Take a look at what is happening there. Especially this mornings announcements.
They are just beginning to push into a very large market with their disruptive product.
(Commercialisation)
Now look what else they have done to coincide with this...
A Private Placement to US investors through a large U.S. investment bank. 13 million shares with 6 for 10 warrants which with their register is not light. (Dilution)
How has the share price responded? Even after the big run up it is solid. Dilution? What dilution?
It's believed that this US investor exposure will push the company further and faster towards their aim of a large market share and a US listing.
The AJX share price has multi bagged since Eddie officially got onboard and I suspect he was in the background a lot longer.
I believe that the plan for CKK is very similar. Notice the milestone changes to enable a smaller but faster entry to the proppant market, with what I believe is the confidence that it is truly disruptive to competition and will have fast natural growth similar to AJX.
AND the proposed 250m placement of shares to sophisticated investors sourced by Eddie Sugar to help drive the company forward in the US sector. Maybe even a future US listing? Who can Eddie find to partner up with?
Exciting times ahead for CKK. Massive potential. Trading at a tiny MC of $10m. Major potential for multi bags.
All IMHO
DYOR
CKK Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
