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0.5¢ cohiba minerals limited

It will be interesting to see if CHK elect to become Manager....

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WhatLiesBeneath29

2,083 Posts.

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18/12/20

08:32

Post #: 49669718
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Originally posted by Shikari: ↑

So.......

We have about a mill in the bank

5.3 million from the SPP

So we have around 6 mill in the bank

We will spend that next year drilling the 4 extra targets at HW plus any extra drills decided upon from the current drill program results.

Olympic domain will have to stump up at least 1.5 million to meet their obligation so their hand is going to be forced soon enough.

question is what if they cant meet this obligation.

?

We could certainly take the last 20% via current funds or a SPP.

Would love to get this out of the way asap

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It will be interesting to see if CHK elect to become Manager. Olympic Domain would then also be up for a fee equating to 10% of future expenditure.

CHK Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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