Come July with luck Chalice will have $60 mil plus and be on the hunt for a new project. Apart from the balance in Eritrea it could be a worthwhile balancing act to not have further exposure to Africa.
A cash crippled gold miner with proven reserves could be the way to go.
eg CRC. They will be crucified at their next CR. The next CR should be for mine production at possibly $30 mil. In the meantime sp will possibly rise after future drilling result, but then drop like a stone once a CR is pending.
That could be the time to strike. One problem with CRC is possible environmental issues.
Food for thought or put Cortonias next drilling results on Chalice's watch list.
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Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.41 | $1.35 | $2.668M | 1.921M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30015 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 12925 | 4 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
