mate, plug in today's metal prices and this has an npv sub $500 mill, needs capex bigger than it's market cap, and "green" metals as trojan horse facade. It's going way lower. It's now a punt on palladium prices. Tier 1 assets don't become uneconomical during the cycle.
And re: palladium, with EV trend, you're actually hitched to the atrophying part of the car manufacturing segment.
Ann: Gonneville Nickel-Copper-PGE Project Scoping Study, page-267
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.63 |
Change
0.085(5.52%) |
Mkt cap ! $632.1M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.68 | $1.56 | $7.059M | 4.319M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 25904 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 18491 | 1 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| CHN (ASX) Chart |