This was an article from 5 December about Teck maybe wanting to invest in CHN. Nothing to date has happened. But the key statement in the article was this one suggesting local miners are no longer interested investing in CHN.
“Earlier this year Chalice was reported to have fielded interest from local miners, which have now walked away.”
If there are no other miners interested in partnering with CHN, local or overseas, then I expect the SP still has a lot further to fall. Pd price projections for 2024 are unfavourable from what I have observed.
https://www.capitalbrief.com/article/chalice-in-focus-as-cashed-up-canadian-giant-teck-resources-scours-wa-for-deals-231eb32d-eeac-461e-860d-5865d76e04ed/preview/
CHN chart, page-6067
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Last
$1.10 |
Change
0.035(3.30%) |
Mkt cap ! $425.9M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.10 | $1.05 | $1.453M | 1.343M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15322 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 26105 | 3 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |