CHR General Discussion, page-8

The markets are hard and the cycles are very tough.

Look at GL1 which listed with very few shares at the right time for the lithium boom. They were able to raise big money at high prices during this lithium boom. Maybe more than luck because they had ducks lined up.

A lot of other companies drill and are getting there but because the commodity isn't in favour they get no traction and raise at ever lower prices and big dilution occurs.

CHR seem to be in a sweet spot if they can get a good discovery soon. Very few shares on issue, seemingly good ground and they are quite active.