unbelievable, page-5

CHM have $16.7M in accumulated losses which could provide a nice Deferred Tax Asset.
Regardless of the outcome of the MMX dispute this could make a nice shell to launch a project into (backdoor listing)

Sage is already a director and holds over 5%, plus options, Benny's buying on market, CFE have 6.9% and
"Mr Sage has reiterated his commitment to bring his groups MINING expertise to Chameleon" (my emphasis in extract from CHM Ann on 2nd Dec.).

Maybe there is more to this than the MMX vs CHM sideshow?
Food for though anyway.