large low grade but high capex deposit. dont see it ever going into production- this is short covering off the low.
The copper and other metals grades are abysmal. 0.1% copper and 0.019% cobalt arguably is not mineable. only nickel is decent but prices are just coming off the low. The palladium grade is low. Overall this project will need much higher palladium price to attract funders. Palladium prices are coming off the low due to Gold and silver, but palladium demand is in structural decline.
large low grade but high capex deposit. dont see it ever going...
-
- There are more pages in this discussion • 437 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.36 |
Change
0.085(6.69%) |
Mkt cap ! $527.0M | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.37 | $1.26 | $4.557M | 3.446M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 60067 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 5266 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| CHN (ASX) Chart |