chart, page-5

Nice move by CKK recently.

I liked the fact that Nanne van't Riet exercised his options - a good vote of confidence imo.

I also think he has done a good job by running a tight ship and raising capital at reasonable levels.

I still have reservations about the CLRS because of the merger collapse and the amount of time it's taking to get the thing in the ground for a commercial run. It must be 6 months since it was completed, and it was only tested at shallow depths as far as i know.

The drill rig appears to have big potential but i'm not sure if there are legal issues still to be resolved with Terratherm, the seed company that probably couldn't raise the funds to complete the rig (that's my guess what occurred).

I'm also interested to see Coretrack's balance sheet and how much money is needed to get the first rig completed.

Will they need to raise again in the coming months to build more rigs?

An announcement could well be coming (how many times has that been said on this thread over the months) given the price action.

I was thinking of buying back in the low twenties after the raising, but the sp has held up better than i expected.

Good luck to holders