And once Chalice goes into production it would be at an incredible cost margin that even the closed miners would find it next to impossible to compete against……let alone re-opening when PGE prices recover.
Shovel ready (PGE metals virtually from surface). Chalice’s cost curve in the 2nd quartile is a very hard thing to compete against.
I am speculating production will be much much sooner than 6 years. The PFS should confirm when it is completed within the next 6-8 months. Hard to believe we’re not that far off now.
Happy days already with major announcement from Australia federal and state governments on the critical project status awarded to Chalice.
Wouldn’t be surprised to see SP climb past than $2 and back to near all time highs before too long.
Good luck! All in my opinion and not investment advice.
CHN Price at posting:
$1.63 Sentiment: Hold Disclosure: Held
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