@aus158The stock head special report "Cohiba unlocks new...

@aus158

The stock head special report "Cohiba unlocks new copper-gold targets near Olympic Dam" on November 16th stated.

"Drilling of the fourth hole started on November 10 and is expected to extend down to a depth of 1200m."

and on Nov 29th (19 days later) in CHKs investor presentation

"HWDD04 – 1,400m and still drilling as at November 29, 2020 due to mineralised intersection"

We are now 15 days further from this. Drilling can get slower at depth but I would expect they would be complete by now.

CHK must be bursting with news flow post the spp:

• HWD001 assays due
• HWD004 news
• Details on follow up holes (possibly 3-4 to start asap) one would think around HWD004
• 80% ownership resolution

Carrapatena was sold to OZL for $300m in 2005/06, in 2014 OZL valued it at 1.14 billion. In 2020 with an electrification and commodities boom kicking off who knows what a similar discovery would be valued at by the market. From a $26million cap with access to around $5 million (spp plus option conversion) to continue drilling this has the potential to gap and run on a single announcement from here imo.