We have dropped a lot since our entrance into the ASX200.
Been a wild ride down.
But the approval to drill the State Forest is imminent.
For those who are concerned we might Not get approval - then I refer you to the recent Diggers Forum where the company states:
Numerous case studies of successful mining projects in or around State Forest areas in WA (Boddington, Alcoa WA, Worsley, Greenbushes).
IMHO, this should motivate the "shorters" to close their positions on CHN.
So we should see a rally this afternoon.
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