Just looking at trading it appears we have strong support between 28-30c and we are mainly trading between 30-32c.
However while I feel Chalice is cheap and this share price has most probably only got one way to go and that is up, I am also an impatient bugger at times.
Does anyone have experience in holding an exploration/development company at a similar stage to what Chalice is at now. Chalice along with ENAMCO still have to fund the construction of a production plant at Koka and also initial mining costs.
What is the likelihood that we will see share price appreciation between now and when the project is funded ? Is the imminent funding likely to bog the share price at these levels until funding is achieved ? Would appreciate any thoughts on this matter from holders or non-holders who may have an opinion and/or experience in this matter.
funding and effect on share price
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
