CHN 3.47% $1.64 chalice mining limited

The reason for the original slide was the ambitious commodity...

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    The reason for the original slide was the ambitious commodity prices used in the SS.

    Even after a Stella increases on the LME of late we are still not at the SS assumptions. However it is pleasing that we are getting there.

    IMO we need to see a good few months of LME prices above the SS assumptions, before we get back to the highs. For the SS outcome to hold true the prices assumed need to be the average prices over the payback period and behyond.

    https://hotcopper.com.au/data/attachments/6179/6179650-ce11a6e6de5cb66b15e023ef11642667.jpg
 
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