Australia's largest stock trading and investment forum Australia's #1 stock forum

CHN

Click for more information

3.54%

$1.29 chalice mining limited

my view as well

First 6310 Last

Share
Profile

Follow
calmbeforestorm

5,105 Posts.

2095

17/01/24

12:32

Post #: 71921466
Share

Originally posted by Ginger7: ↑

One should always return to the fundamentals. Mining is about grade, ( one could also say tonnes, but the grade initially determines the tonnes) Punters seem to still get hot and horny about resource, or even mineralisation. However ore in the ground has zero value. It is only when you can mine it , process it , ship it and sell it at a profit high enough to justify investment, including risk that you have a goer. I was on a board once where the geos were wetting themselves about the " mineralisation" As geos do. They got all bitter and twisted when the engineers did a MP and left half of it in the ground ( steeply dipping ore body, big strip ratio. Some will accuse me of stating the bleeding obvious, but as I said, look at the basics .
The rest is pure speculation ( or if you prefer ) gambling. If you want to gamble, go for it

Expand

my view as well

CHN Price at posting: $1.12 Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2,005 more messages in this thread...

First 6310 Last

Add CHN (ASX) to my watchlist

(20min delay)
Last $1.29		Change -0.048(3.54%)		Mkt cap ! $500.7M

Open	High	Low	Value	Volume
$1.30	$1.31	$1.24	$3.985M	3.107M

Buyers (Bids)

No.	Vol.	Price($)
15	20647	$1.29

Sellers (Offers)

Price($)	Vol.	No.
$1.30	15607	10

View Market Depth

No.	Vol.	Price($)
15	20104	1.290
18	58581	1.285
12	82137	1.280
10	79105	1.275
9	28862	1.270

Price($)	Vol.	No.
1.295	15607	10
1.300	100438	20
1.305	51347	9
1.310	91825	8
1.315	29836	4

Last trade - 14.21pm 17/06/2024 (20 minute delay)


Last $1.29			Change -0.048 ( 3.94 %)
Open	High		Low	Volume
$1.28	$1.31		$1.24	824816
Last updated 14.38pm 17/06/2024 ?

CHN (ASX) Chart

SPONSORED BY