CHN chalice mining limited

Ann: Gonneville Resource Remodeled to Support Selective Mining, page-14

  1. 883 Posts.
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    After a quick high level scan, my first perceptions are -

    - Looks good from my perspective and has learned plenty of lessons from the disastrous scoping study of last year.

    - Grades improved through more drilling and selective approach

    - method of mining improved from a cost perspective with a start-up of shallow and selective underground so is lower risk and capex

    - focuses on the resource estimate on how much is there, categorised and doesn't explicitly look at forecasting prices.

    should help to reset market perception and start to build again.

    Wazz
 
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