Wasn't it the drill that didn't work at Telfer? So the problem wasn't the CEOs s/sheet but the drill..
Didn't the CLRS work on the Woodside hole last year?
One technology works and isn't in the middle of a legal dispute, the other has at best not been proven to work..
Just on a risks management basis I'd be supporting the CLRS. Admittedley, CKK need to get into gear and get some contracts.
If CKK/Strange Investments come to some sort of agreement on the drill then great, but at the moment I'm happy for the board not to be burning cash on it.
CKK Price at posting:
2.5¢ Sentiment: LT Buy Disclosure: Held
