Morning traders May 3, page-124

Agree CKA isn't a daytrade, or not today anyway

There is obvious capping, I imagine there are a few bidders circling and financiers, all with incentive to keep it reigned in till a deal is inked

I spoke to management and they expect to give some update on JV/financing very shortly (hinted at this week), followed by reserves statement in next 3-4 weeks

The reserves statement will attract the insto demand, that is bankable

So 3-4 week hold for potentially 10c+ SP

It will have it's explosive days in between, but not today it seems