I can see Chn going for a bulk float, selling the con, with perhaps a precious metal leach on the float tail. Keep it nice and simple for a while. Economics should be much better if their testwork results support this. Lower initial capex. Explore further treatment in the future if economical. They will get better float recoveries from the higher grade resource they are completing by end March, which will help.
CHN chart, page-6092
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Last
$1.04 |
Change
-0.060(5.48%) |
Mkt cap ! $402.6M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.10 | $1.03 | $1.486M | 1.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12999 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 21401 | 1 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| CHN (ASX) Chart |