Hey Hillman,
I think that there is a good probability that the PGE bearing chonolith discovered at Julimar extends into the State Forest or there is another. A confirmation of this once the drill results are in and analyzed, imho will see sp go to $12-$15. As for a T/O price, I hope that CHN can spin off the Julimar mine as a separate entity and keep the bulk of 2000 square km for further exploration / discovery. CHN has a proven track record of returning created wealth to s/holdes. I'm confident that the CHN BoD will maximise the return of capital to us. As to what this maybe we will have await the full results from the state forest.
CHN chart, page-2602
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Last
$1.12 |
Change
-0.060(5.11%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.11 | $4.128M | 3.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39996 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 12789 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |