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$1.59 chalice mining limited

Exactly Well Said!!!Many Vultures Bashing to hopefully get in on...

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Goldwinner

2,196 Posts.

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27/04/24

20:31

Post #: 73539662
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Originally posted by dradam: ↑

They are sorting out Gonny problems. They have a plan for mining and processing higher grade first. Metallurgical recoveries are improving. People don't seem to understand that high tonnage mines are low grade, it's the nature of the beast. They are basically building another Telfer, or of that ilk, with more metals in the mix, which makes flotation more complex, but with the added advantage of having nickel and cobalt credits, which should give them a very low cash cost. Investors haven't seen anything of this size for a long time, so they may not be able to get their heads around the long development time, but I wouldn't be surprised in the slightest if they come out and say the development timetable has shortened for the higher grade project, just a flotation concentrator with shallow open pit mine. Good things to come imo.

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Originally posted by dradam: ↑

Copper, Nickel and Gold going through the roof...hopefully Palladium and Platinum follow. I reckon we are getting set up for a good run.

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Exactly Well Said!!!
Many Vultures Bashing to hopefully get in on a cheaper price thats all
This is going to suddenly turn around back up North faster than people think.
Seen it so many times since 2006.
GLTA

Last edited by Goldwinner: 27/04/24

CHN Price at posting: $1.15 Sentiment: Buy Disclosure: Held
10 Upvote

2 Great analysis

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