....DB...I can never recall them producing a forward earnings /cash flow estimate. They have produced possible variable scenarios but they have never put out specific time frames....that seems to be more in the realm of eager speculative investors....so the company cannot be seen as "not having met" this or that. We can say that, by issuing options with maturing conversion dates, this could be a guideline which investors do consider. But you can get caught out....ask Cygnet...they wrote off 4M options in May because the GT3000 struck that unfortunate water gusher at Merredin and envisaged revenue has subsequently been delayed....anything can happen...the drill performs at Newcrest/Whicher and they get a huge drilling contract as a result.....there is always a "blue sky" factor atm with CKK...Isn't it exciting...... :O)
CKK Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
