remember the numbers in scoping were based on life of mine, something people seem to gloss over when down ramping. Even at today’s demand, with inflation at 4% you reach the prices in scoping. interestingly this doesn’t take into account the move back internationally to hybrids, the huge impact on a tightening supply out of Russia and the fact that shallow higher grade has enabled an economic start up at todays prices. So yes it would be great but I don’t think it’s as simplistic as you make out. Chalice has also invested well, and continuing to unveil new resource targets. And don’t forget how quickly sentiment can change. Look at the doom and gloom of nickel, and gold 3 years ago.
CHN chart, page-8111
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Last
$1.31 |
Change
0.020(1.55%) |
Mkt cap ! $509.5M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.38 | $1.31 | $4.246M | 3.177M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 115841 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 37678 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |