CHN 2.29% $1.28 chalice mining limited

Realistic upper limit of Company Value?, page-7

  1. 1,367 Posts.
    lightbulb Created with Sketch. 150
    what your asking is the old "how long is a piece of string?"
    Impossible to answer and especially when one end is Gonneville which unravelled/is unravelling further than everyone expected including Chn, and the other end appears to be measured in unknown kms and depth. Plus the various grades of potential mineral resource are unknown and their $value is uncertain. And on top of that its still unknown if Julimar contains rare earths that are the precious of the precious.
    McQ who have had an expert crack at WHAT WE KNOW SO FAR put a SP target at $9.20 using a Pd spot price at $1000 from memory, which is way short of the current spot price. So todays closing price of $9.05 is to many close observers just another step in the long reveal, a 0.56% lift with Chn hardly rates, which says a lot. Your query is understandable but with Chn its best to just wait for the next batch of assay results or Ann and hold onto something solid to steady yourself when they arrive. "is the good news pretty much figured in?" Not even close to it.




    Last edited by stuwall: 02/06/21
 
watchlist Created with Sketch. Add CHN (ASX) to my watchlist
(20min delay)
Last
$1.28
Change
-0.030(2.29%)
Mkt cap ! $497.8M
Open High Low Value Volume
$1.30 $1.33 $1.27 $3.366M 2.611M

Buyers (Bids)

No. Vol. Price($)
2 5029 $1.27
 

Sellers (Offers)

Price($) Vol. No.
$1.28 90306 5
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
CHN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.