Ann: Proposed Farm-in JV to SA projects and capital raising, page-55

Given the bitter old or ex holders posting here was debating whether to say anything or not

Decided I will but not going to get drawn into arguments and debates will just say my piece then keep quiet


I like CHK for 2 reasons

1. The board, as much as people hate the board it's the same team from QUR now NVA go back and see who was bullish on that one a few months back at the lows when it was 0.6-0.7c has been a 7-8 bagger off those levels

2. These IOCG Projects near BHPs Olympic Dam and especially the ones adjoining AREs Torrens
Again for reference go back about 6months and see who was banging about the upside ARE offered for its Torrens exploration when it was 0.7c-0.8c been as high as 3.5c 4-5 bags and hasn't drilled a hole yet
Consider ARE is capped at $35m for 30% interest in Torrens IOCG
CHK is capped at $8m for 80% interest in its IOCG Projects including the one adjoining AREs Torrens



Let's see where we are in a few weeks/months