here is the excerpt from the "Chairmans letter" dated June 20th
"The Company has decided to focus and direct it’s energy on its two main key assets, Olympic Domain and Lake Pyramid.
In relation to Wee Macgregorwe have been approached by numerous companies to acquire our entire interest.
The company is evaluating all the options on table, is in no rush to sell yet as the asset is valuable in in its own right, we however will consider monetising this asset to further strengthening the company’s cash and balance sheet.
We look forward updating the market in the very near future with some substantive progression on our intentions"
Possibly one of the reasons for the recent "buying" interest.
CHK Price at posting:
1.4¢ Sentiment: None Disclosure: Held
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