Schroeder comments, page-84

Sprott research has the following results: researchers view on CHN

Buy. 13

Sell 0

Hold 1

With brokers and institutions all on advance gear, only supply side is from the retail sectors, mainly mum and dad holders. Some inducements have to be made to ply them lose from their tight holding. Schroders has a target of 80c and the current share price is slowly adjusting upwards. For the holders buying upwards now is cementing their profits. Results like this from CHN come once only in a life time and management in CHN stays focused which is rare in disallowed. With results coming our way, we may yet be lucky to see the current share price increased several folds

The indexation factor will enhance CHN share price performance soon. When CHN gets admitted to indexation, passive fund managers will include CHN in their portfolio. Passive fund managers could be both international and Australian which will buy on market. With limited shares available, the chase will be on. I am happy to be holding and probably add on any retrace.