Another smart move by the Chalice team. Stock has run well, still cash in the kitty, market is running and the drill rigs keep hitting. Cash up now so you can drill through '21 as quickly as possible (and maximise the value when a takeover offer comes).. They need to get those resource definitions done and get into that state forest with a drill rig..
And we dont know the results at Pyramid Hill or the Ruins yet.. If one of them hits they will need more cash to firm up those assets in parallel for possible sale.Alex and the board doing a great job.. The shareholders best interests are in their minds, I have no doubt..
Another smart move by the Chalice team. Stock has run well,...
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Last
$1.13 |
Change
0.055(5.14%) |
Mkt cap ! $437.6M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.13 | $1.04 | $3.198M | 2.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35600 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 18808 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |