CHN 3.30% $1.10 chalice mining limited

target $0.35, page-6

  1. 1,087 Posts.
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    Well even after the capital return, cash backing would be close to 24c. So one would think that 34c would be a reasonable price for shares at presant. With out giveing any value to our assets, or speculation on the value of the new discovery.

    MC= 73880000 / 0.315 = 234539682 shares

    Capital = 57000000

    57000000 / 234539682 = 0.243 cps

 
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