CHN 0.35% $1.42 chalice mining limited

VMS is about 3-5 weeks away from delivering their first iron ore...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,038 Posts.
    lightbulb Created with Sketch. 77
    VMS is about 3-5 weeks away from delivering their first iron ore shipment into record prices.

    This is why I am up to my ears in them - over the next 2 years they are going to have cash coming in > their current MC and more than enough to fund their various projects.

    large scale exposure to the CHN/Julimar thing is a bonus to be sure that could move the needle a LOT, but they have other irons in other fires, including an advanced tin/tungsten mine which doesnt sound sexy until you check out the current and future projections for the tin price.

    VMS is a rare breed - a small MC explorer that will be cashed up to the eyeballs which puts a very sturdy floor under their price.

    (which incidentally is the reason why I got into CHN pre-Julimar in the fist place - a cashed up junior with some interesting gold projects in Vic. Nobody from those days expected Julimar, but you got to be in it to win it)


 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
(20min delay)
Last
$1.42
Change
-0.005(0.35%)
Mkt cap ! $550.4M
Open High Low Value Volume
$1.46 $1.46 $1.41 $4.365M 3.055M

Buyers (Bids)

No. Vol. Price($)
2 2701 $1.41
 

Sellers (Offers)

Price($) Vol. No.
$1.42 11382 2
View Market Depth
Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
CHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.