Chal24 Feb 2018 21:37
Zaroz,agree can see this falling before any positive news hopefully from the mediation next month.
The delay in the NYW is really unfortunate for Chal and all those that have invested heavily in the project.Not only are things in limbo but no one knows when it is likely to start,and more importantly to get up and running and providing much needed revenue..
Even if there's a positive outcome next month just how long before the wheel gets completed,are they likely to finish before year end?.
Again the EOT project is in very early stage,so again there's going to be no returns for a considerable time.
What Challenger urgently needs are revenue streams,that's certainly not going to happen here for several months,possibly at least 12 to 18 months,so that just leaves us with Star Sanctum,which in the short term will return the 140k,providing that's a success,
Hardly roof raising for a main market listed company,and not really providing a strong investment case at .0.45p.