I don't think Chalice will make any decision to buy into another African project until they have better gauged their Eritrean VMS.
The wait is only say 10 weeks.
The quarterly announcement was upbeat.
Even though Sunridge BFS happens to be due out at the same time, I don't think Chalice would get drawn into it.
No doubt one arm of Chalice will be carrying out due diligence of other African advanced project whilst we speak. Mining conference in South Africa starts today.
CHN Price at posting:
18.5¢ Sentiment: None Disclosure: Held