Coretrack (CKK) directors conducted a well-received roadshow to brokers and fund managers in Melbourne last week. CKK continues to be on track to have its revolutionary, world first, coring tool completed this month (September). In the ordinary course of business, the company has had a number of approaches by significant industry participants to run the tool upon completion.
Last week, a substantial shareholder has also exercised 500,000 options at 20 cents further underlining the confidence in the company and its revolutionary technology. Concurrently, the company confirms it has been looking at synergetic corporate opportunities for further growth. "With technology completion just around the corner, great industry interest in our tool and tangible growth opportunities being put forward for assessment, we are looking forward to a very rewarding period for shareholders" Coretrack CEO, Mr. Nanne van 't Riet, said."
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CKK Price at posting:
20.3¢ Sentiment: Buy Disclosure: Held
