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Cyprus
In late 2022 the Company rationalised its licence holdings in Cyprus, reducing holdings from a total of 26 licences covering 110.42 km2 to 3 licences covering 13.39 km2. This change was made in order to reduce holding costs on the relinquished ground, while at the same time not losing focus on the valuable work and data collected on the licences retained. The Company has formulated plans for further exploration work on the retained properties, and remains in preliminary discussions with potential joint venture partners to carry out this work. The Board would prefer to work with partners on these promising properties and will update shareholders as and when any formal arrangements are entered into.
Other Opportunities
The Board aims to make the most of the Company's resources through what it aims to be a transformational investment into a new area of activity. Extensive work is underway to consider a number of possible options on offer. The most important criterion behind this work will be to generate significant shareholder value in the near term, and the goal is to be able to announce the direction of this next phase in Chesterfield's development by the end of 2023.
Sense at last.
Massively reduced overheads.
JV discussions four Cyprus
Canada exploration and drilling underway
New projects being assessed
BOD that has grasped reality running with it.
A good update.
Appreciated and thank you.
Company is in a stable financial condition for the foreseeable future, and notwithstanding any further acquisitions or investments should preclude the need for a dilutive capital raise.
Peeps can make their own minds. Peeps can twist the RNs to what they like. NO placing foreseeable future. DYOR
Chesterfield shareholders will continue to enjoy the benefits of any exploration success at Adeline, whilst not needing to raise capital to do so and also diversifying risk with the added exposure to Sail Pond.
Shareholders should note that, subject to the terms that may be agreed for these opportunities, additional capital raising or additional shares being issued are possible outcomes.
Lol. For the believers. 100 buy printed.
Market Maker Trading Signal Level 2 Market Maker Direction Description
1. 100 I need Shares
Another week and no news. Peeps selling out. GL to them. MMS not allowing to buy.
Lol. Small buys coming in
Need to beat the 1.25 barrier to move on to 1.40. MMs waiting for sellers
The CHF home website is down at the moment. Looks like the website is getting updated.
Buys coming in. Rns due anytime
Code 300 printed for the believers 300– Take (Or I Am Taking) The Stock Down At Least 30% So I Can Load Shares. MMS want sellers
POLY redom wonder will they get more involved in chf after this is done
Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks
that are moving up or have excellent potential to do so. Bashers work to bring the price
down to either increase their position at the expense of others or help a Short make their bones.
RNS should be dropping any time soon. Normally all CHF rns tend to fall during the day and not in the morning.
Morning - haven't checked in for awhile - well over 50% down and hoping for some decent news!
Impatient peep selling out. Rns due anytime.
If we get few buys then this will shift up very quickly
£very morning small sell to keep the lid on this share. Looks like some have sold out. GL to them. News overdue. Peeps just waiting now.
Does anything ever happen here why so quiet and no trades
Hopefully RNS to drop anyday with Update on Cyprus Operations. Last rns on this was November.
Lol Blame ChatGpt. This AI tools not good for me. Will have to look at alternatives.
Bobcat...you are desperate...
NT to buy or sell.
Meeting Done. Rns to drop