CHZ 0.00% 10.5¢ chesser resources limited

Hi @alex3789,Based on public information and intuition, my best...

  1. 180 Posts.
    lightbulb Created with Sketch. 226
    Hi @alex3789,

    Based on public information and intuition, my best guess is that the next drill results for CHZ will be released within 2 weeks, with a decent chance of being next week. So "mid FEB" sounds right to me.

    I would also guess these are released in 2 batches (maybe a 2nd batch in early March?). And I expect all drill result assays (25 holes total I believe, based on the last quarterly) to be released before a capital raise. I would guess the capital raise takes place in March or April at the latest, especially to give enough time for a solid follow-up drill program prior to the next rainy reason.

    I think there's a pretty good chance the next capital raise is at a share price higher than right now, perhaps led by a strategic investment by a corporate. But I am an optimistic/biased shareholder of CHZ, and I really do not know. I am patiently waiting for the next drill results.

    Cheers,

    MBG
 
watchlist Created with Sketch. Add CHZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.