leadership challenge to fail

The Perth Now website is reporting that a key group have withdrawn their leadership challenge and the motion to call an extraordinary meeting will fail.

Great news and very sensible behavior IMO.

The WA Oil and Gas industry is screaming for rigs, I am invested in some O & G Co's so i know that 6 month waits for rigs are commonplace.

Now that an independent expert has approved the rig for use in oil and gas exploration, CKK should raise some capital or borrow or both and build some rigs.

If the rigs are indeed able to drill faster and cheaper are able to be mobilised more easily and quickly CKK should be able to have 4 rigs working continuously generating terrific income.


I have been following CKK for six months and finally invested last week.


Good luck and DYOR, Simonmag