at risk of stating the obvious they have to prove up a resource, get the results from the scoping study and obtain govt environmental approvals before they start mining. the interview says thats going to take the rest of the cal year. They appear to be making good headway in developing the resource - the grades are not too shabby and they are finding new vains. So nothing much is going to happen until the updated resource is to hand end Jun. So looks like SP will drift along till then. Could be a lot worse!
CHZ Price at posting:
33.2¢ Sentiment: LT Buy Disclosure: Held