How long do you think the shorters are prepared to wait?
I though Chalice had cash for 2 years, plenty to get the PFS completed.
Does seem like the shorters and the institutions triggering stop losses are on top at the moment, chipping away at the share price.
I see these potential catalysts which could catch the shorters out.
Demand for PGEs is constant, while supply is reducing as uneconomic mines close and mining Palladium in South Africa is becoming more expensive.
Chalice have cut costs at Gonneville and are drilling what they believe are many good prospects. The market could be surprised by a discovery announcement at any time.
Chalice are also progressing through the government approvals and towards the PFS.
All or even 1 of these should increase the share price.
Why the shorters are going to win, page-2
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