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Ann: Chalice commences EM program on Julimar lookalike target, page-50

  1. 796 Posts.
    lightbulb Created with Sketch. 27
    I'm a bit confused

    Only discovered VMS today and still scratching my head 6 hours later !!

    The iron ore at current Fe prices should surely generate free cash of at least $70m ??

    Then there's a highly prospective tin / tungsten deposit with tin at all time ? prices.
    l
    Plus a pretty tasty looking copper gold asset.

    And the JV with Chalice which is not insignificant.

    Mkt cap $110 ish fully diluted !!!!!

    Am I missing something ??

    Zen
 
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