I can't say what a fair price will be, I'll let the market decide instead of deciding on an arbitrary number.
What I do know from recent presentations is on March 1st there were assays pending for ~75 holes (with 240 completed).
March 25th there were 280 holes completed (~115 holes not reported), so another 3 weeks later, there is probably ~155 pending assays, Nearly doubling what has already been reported at Gonneville to date.
I'll let you decide how Macquarie and Bell Potter may alter their valuations after all this news it released.
Also EM and ground soil sampling from the state forest is close to or has been completed by now, so news from additional MLEM surveys around Hartog as well as the Baudin & Jansz targets will be reported in the near future too, possibly adding additional targets to drill.
Which will be followed by CMP Stage 2 approval and drilling activities afterwards.
For me, with so much news on the horizon I'm happy to hold, but if holders want to sell, I hope your next investment decision is as rewarding as Chalice has been.
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