I think China will prove to be the key.
What Chalice has China wants - indeed needs. From the commentary their current supply may best be regarded as precarious.
I have mentioned this before but was poo pooed on cost - but they are strategic thinkers and don't give a fig for cost.
Julimar is a slam dunk dig it and ship it project - more so with every drill hole.
Metal prices - as with all commodities prices will recover at some point - and then it will be too late to kick off the project from scratch.
I am hoping the company will abandon for now the fancy ideas and go with the bread and butter approach.
I think China will prove to be the key.What Chalice has China...
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Last
$1.59 |
Change
0.010(0.63%) |
Mkt cap ! $616.5M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.59 | $1.56 | $4.357M | 2.767M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 20000 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 17754 | 2 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
0.010 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $1.59 | $1.59 | $1.56 | 604503 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| CHN (ASX) Chart |