CHN 0.37% $1.36 chalice mining limited

No. State Forest does not equal National Park. State Forests are...

  1. 262 Posts.
    lightbulb Created with Sketch. 97
    No. State Forest does not equal National Park. State Forests are "reserved" but specifically contemplate mixed land use. The Boddington gold mine and a big chunk of the Alcoa bauxite production are on State Forest lands (old growth Jarrah in the case of Alcoa). Do some Googling. Now that drilling has been green-lighted and heritage clearance received the way forward is very much de-risked. The "unknown-unkowns" still lurk out there but if the mineralisation holds up there is no reason at the moment to believe that a mine could not be developed on the SF after the appropriate studies and lengthy approvals process. Still a multi-year++ journey to go but I'm breathing a lot easier tonight. Time to go and crack something red and tasty!
 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
-0.005(0.37%)
Mkt cap ! $527.0M
Open High Low Value Volume
$1.39 $1.40 $1.34 $5.839M 4.267M

Buyers (Bids)

No. Vol. Price($)
1 57927 $1.35
 

Sellers (Offers)

Price($) Vol. No.
$1.36 19937 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
CHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.