2 milestone anns, 10 weeks time. Achieving 51 % of JV to increase company value and getting oppies converted to get the money needed to progress. Sp needs to be 2c to attract an insto to underwrite conversion of unconverted oppies. Positive, CHK gets the money, negative, the insto will bombard us with shares after converting. Unless, Avi gets a real deal done and lets one of the big guys underwrite the oppies. That would turn them into a corner stone investor with expertise and minimise the chance of a sell off. Let's see what he comes up with, I discussed it with him before X-mas and he told me it will turn out well. Also he told me to update us on the Gypsum project the week before X-mas which he did not do - that's the situation, can he be trusted?
On the Cu - front, EV production will need a lot, trade war worries may ease and one day the middle east needs to be rebuilt - great times for Cu demand.
And we ended the week at 1.3c, Yeah!
GLTA
CHK Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
