IMO the scoping study served its purpose. It was accurate except that the market thought otherwise. Market wanted to base the SS on the prevailing PGE prices at the time. But market is frequently wrong. PGE prices will rebound to its true value over time and the SS will become relevant then.
the SS was always based on PGE pricing in 2029 not 2023 but the market punished Chalice anyway.
Gonneville is still a monster and it is getting bigger.
The shorting shackles came off last week and may explain why CHN is on the way up again.
not investment advice and good luck!!
Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-8
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.37 |
Change
-0.065(4.55%) |
Mkt cap ! $530.9M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.50 | $1.36 | $5.081M | 3.632M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8419 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 9094 | 1 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.36 |
Change
-0.065 ( 5.11 %) |
||||
| Open | High | Low | Volume | ||
| $1.45 | $1.50 | $1.36 | 527602 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| CHN (ASX) Chart |