CHN 1.75% $1.12 chalice mining limited

The state forest approval is later than expected, but it's only...

  1. 315 Posts.
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    The state forest approval is later than expected, but it's only a couple of weeks late.
    WA is in the middle of a mining boom so the state government is probably very busy and there have been disruptions due to the Covid-19 restrictions.
    My personal experience of dealing with and working for state government is they aren't the quickest at the best of times.
    The minister visited Chalice a couple of weeks ago, got given the grand tour and posed for photographs with management. He is unlikely to make a very public visit and then reject the forest access application.
    The minerals are still in the ground.
    Chalice has massive future potential.
    I am not happy about the last 4 months of share price declines or waiting longer than expected for state forest access, but this has been life changing for me and the numbers indicate this is just the start. I am holding my nerve and believe good times are ahead.
    Good luck everyone.
 
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