I think CHK will engage their own technical team. There hasn't been any discussion about consulting to the company. I don't know what their strategy is moving forward but I am sure it will be well considered. In relation to what has gone wrong to date I would say very little. CHK was very considered in relation to its exploration efforts and I think it fleshed out the programs of work well. It was systematic and iterative and rather than going wrong I think it did well in progressively developing the appropriate IOCG models at HW and using those to determine drill hole locations. These IOCG systems in the Gawler Craton are deep so it takes a lot of analysis to get the target zones right. I believe CHK was well on the way towards a significant discovery but that is a story for someone else to finish off.
CHK Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
