"13 million and nothing to show for it - IMO it's why they halved it this quarter"
It is smart for an explorer to peg back spending a little while sentiment in the sector is low.
Net Assets at 30 June 2018 = $41,632,908 including $35,739,484 in cash and cash equivalents (which incidentally still exceeds DRM's net cash equivalents by $25.5 million).
If you call securing two big land positions along strike from some of the biggest gold deposits in the world nothing to show for it then fair enough. Won't take much success from either of these two land position to get the share price moving. Esh
P.S. Chalice is presenting at 4:45pm tomorrow at the Denver Gold Forum.
https://www.denvergoldforum.org/wp-...Friendly-Program_092118_v31-changed-pages.pdf
"13 million and nothing to show for it - IMO it's why they...
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Last
$1.37 |
Change
0.025(1.87%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.31 | $2.349M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6763 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 1808 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
