I'm am not sure.
It's possible Chalice management will wait for PGE prices and the share price to recover more to strengthen their negotiating position.
I am expecting a short squeeze and the revised Scoping Study to push the share price higher.
Chalice needs Russia to stop selling / dumping PGEs to China and India, and the stockpiles built up during the pandemic to get used up to help PGE prices.
Lots of possible positives in the near term.
I am happy to wait for Chalice management to make the best deal with joint venture partners.
My shares are in bottom draw. Expect to be laughing in a couple of years.
I'm am not sure.It's possible Chalice management will wait for...
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$1.36 |
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Mkt cap ! $527.0M | |||
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