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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Last
$1.55 |
Change
-0.045(2.82%) |
Mkt cap ! $608.8M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.59 | $1.50 | $2.707M | 1.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 22529 | 19 |
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| Last trade - 14.40pm 04/10/2024 (20 minute delay) ? |
| CHN (ASX) Chart |