Very painful with no real sp. premium. Lucky to see 30c a share this year.
$80 million won't last long, once it spends another $30 million on the Mogoraib North plus another $10 million on Hurum, with no guarantees of another gold mine.
That will leave Chalice with only $40 million left for acquisitions !
At the very least, there should be need for any capital raising this year !
rerating?, page-21
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