I can't see them making a jv deal for a while yet. The share price and metals prices are still low. Not a strong negotiating position.
Also if CHN management wait they'll get more gov approvals and be closer to mining.
They have over $100M in cash. No rush.
CHN chart, page-8228
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Last
$1.40 |
Change
0.085(6.46%) |
Mkt cap ! $544.5M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.43 | $1.34 | $7.706M | 5.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1902 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 46482 | 3 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| CHN (ASX) Chart |