yes good point. and actually it is not tracking that closely. Forgive me if i am mistaken , i have been pushing this palladium correlation. the way i see it the palladium is one of the most significant elements there and the spot price at the moment makes it the most valuable resource there. sp it is very relevent.
All the spec goldies go up and down with resources prices even if they are not mining so i guess chalice will too.
yes there is a lot more too it than that but basic economics drives a valuation based on the value of the resource..with explorers and miners typically delivering a higher beta than the underlying commodity.
CHN chart, page-1029
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Last
99.0¢ |
Change
-0.060(5.71%) |
Mkt cap ! $385.1M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.02 | 98.0¢ | $3.442M | 3.455M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 169898 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 3602 | 1 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| CHN (ASX) Chart |