l was going to ask about this ann. but you answered all my questions already - well anticipated!
this is really putting some meat on the bones of the recent claims by CHL to be concentrating on growing the core business. this contract alone is a 5% increase in profits, and the expansion into environmental is both logical and profitable as l know there have been complaints about dust levels in ports etc.
could you explain the 'borecore analysis " ? do l assume that is when drilling is done on coal exploratory sites and CHL does the analysis ? this is important work as the coal detail defines future mining prospects. Look at Imdex ,which has doubled in price recently, in that field
Reaction from market - unbelievable buying of 700k at the open [ lucky l picked up a bit yesterday before the ann ! ]. If the price remains above 35 CPB will have to raise their price, and this ann is just what we needed.
l have some other questions for you, will forward separately. LZ
CHL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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