You have hit the nail on the head <caspex> - a full or partial sale ASAP would be the best way forward for shareholders (and management!). There is certainly a massive amount of ground to explore and it seems lots more to find. Chalice's stated aim is to establish a new West Yilgarn Ni-Cu-PGE province - that takes exploring and that is their great strength.
A couple of related points from their Presentation yesterday ..................
~1,200km long western margin of the Yilgarn presents a similargeological setting, but is almost entirely unexplored
~ Chalice has ‘first mover’ advantage in this exciting new nickelsulphide province – strong potential to deliver more major criticalmineral discoveries
~ 10 new targets being drilled in FY24 subject to cropping accessand timing of approvals
~ The prize is significant – more shallow G1 style massive sulphideswith grades c. 3.2% Ni, 1.2% Cu, 10g/t PGE.
Ann: Gonneville Nickel-Copper-PGE Project Scoping Study, page-249
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