CHN 3.30% $1.10 chalice mining limited

Interesting. Obviously not totally appropriate to compare...

  1. 1,088 Posts.
    lightbulb Created with Sketch. 145
    Interesting. Obviously not totally appropriate to compare underground mining of coal to the PGE deposit at Julimar.

    The grades speak for themselves. It is why companies aren't falling over themselves to buy it. Don't get me wrong, amazing geology, lots of contained metal, just within an almighty large volume = low grade. The near surface oxide material is potentially interesting, but too small.

    Perhaps there are discrete higher-grade domains that have been smoothed out in the mega go-for-tonnes model. Good enough for underground mining?

    https://hotcopper.com.au/data/attachments/5508/5508679-0a7b652c1da1cc53144cb64a65ea9b42.jpg

 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
(20min delay)
Last
$1.10
Change
0.035(3.30%)
Mkt cap ! $425.9M
Open High Low Value Volume
$1.06 $1.10 $1.05 $1.453M 1.343M

Buyers (Bids)

No. Vol. Price($)
1 15322 $1.09
 

Sellers (Offers)

Price($) Vol. No.
$1.11 26105 3
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
CHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.