CHN 2.27% $1.01 chalice mining limited

There's no way there will be a takeover bid. Goyder and Alex...

  1. 784 Posts.
    lightbulb Created with Sketch. 116
    There's no way there will be a takeover bid.

    Goyder and Alex have made it really clear that they won't sell the company until all the value is released to shareholders, of which they are major ones. And the way to release that value is to drill drill drill the whole complex.

    The fact that they changed their name to Chalice Mining should tell everyone all they need to know.

    I would think that they would possibly JV with someone to plan out mining Gonneville whilst they continue to drill out Hartog, but I would think that they won't bother as so much more value will be seen in Hartog etc under the State Forest that it will make Gonneville look like small fish and hardly worth mining without the State Forest stuff also.
 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
(20min delay)
Last
$1.01
Change
0.023(2.27%)
Mkt cap ! $385.1M
Open High Low Value Volume
$1.00 $1.02 99.5¢ $351.4K 348.8K

Buyers (Bids)

No. Vol. Price($)
13 26818 $1.01
 

Sellers (Offers)

Price($) Vol. No.
$1.02 2576 3
View Market Depth
Last trade - 10.41am 05/09/2024 (20 minute delay) ?
CHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.