Well think management have done a good job till the present deal. New country for exploration and one of the first movers in the Arabian shield area.
Made good discoveries and they have at the moment great potential for further discoveries. Plus the boss bought into the company when the share price was under pressure.
A lot of the depressed share price is down to the political developments that were out of the companies control. Also possible that the board are waiting for a better deal to come in.
CHN Price at posting:
26.0¢ Sentiment: LT Buy Disclosure: Not Held