CHN 6.85% $1.33 chalice mining limited

Guestimate: Kimberley/King Leopold soon to be JV'd with IGO

  1. 29 Posts.
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    Reading the quarterly's my guestimate is Chalice (CHN) and IGO currently are at least in serious talks about IGO earning in and/or JV'ing the Kimberley 'King Leopold' tennements. IGO (aparantly) openly admitting to be seeking expansion and actively wants further adding of tennements/JV's in that area (see attached post from BUX thread), and CHN somewhat unexpected (at least to me as a close follower) postponing several exploration work into 2020 due to several reasons (access, bush fires etc). Could be 100% legit ofcourse, but my guestimator compares 1-to-1 and sences they could be in advanced talks for JV'ing. Fully speculative for now ofcourse, but am curious to others opinions to this. Best,
    https://hotcopper.com.au/data/attachments/1788/1788271-6fd74957f30be6a532079750b4bb166a.jpg
 
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