CHN 3.31% $1.46 chalice mining limited

Fair Price for CHN with current resource ?, page-258

  1. 712 Posts.
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    Pangea:
    Wow, It seems that you have some screwed up numbers in your analysis. Where did you get the 2.5%Pd in the orebody?
    The MacQ Bank numbers from their previous and today's valuation appear below:-

    Mining Inventory Ore (mt) Pd (g/t) Pt (g/t) Au (g/t) Ni (%) Cu(%) Co (%)

    Old 90.0 1.8 0.5 0.1 0.24% 0.28% 0.02%

    New 88.0 1.8 0.4 0.1 0.24% 0.28% 0.02%

    Change (2%) 1% (2%) 1% 2% (6%)

    Pd (koz) Pt (koz) Au (koz) Ni (kt) Cu (kt) Co (kt)

    Contained metal - old 5,064 1,302 347 216 252 18.0

    Contained metal - new 4,980 1,245 340 214 250 16.6

    Change (2%) (4%) (2%) (1%) (1%) (8%)


    Five million ozs of Pd, give or take 84Koz looks pretty good to me.
    Many more estimates of the value of this discovery will be made before a JORC measurement is provided....and don't expect many downgrades as we head North.
 
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