I see in today's Read Corporate Wrap ;
"Chalice Executive Chairman, Mr Tim Goyder, said the completion of the SFECO transaction, combined with proceeds from the sale of the 30 per cent stake to ENAMCO, would leave the Company with a strong cash balance – estimated at around US$90M to US$95M post-tax – and the ability to identify, acquire and develop high quality resource assets. In addition, Chalice will ramp up exploration activities within its high-quality portfolio in Eritrea"
Is anyone speculating who they may have in their sights ?
moving on - whats next ?
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Mkt cap ! $571.8M | |||
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