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The latest update is out from Chalice Mining ( (AU:CHN) ).
Chalice Mining has appointed Odin Partnership, the advisory firm founded by former Anglo American chief Mark Cutifani, mining executive Tony O’Neill and ex–Bank of America banker Omar Davis, as strategic advisor to help advance its Gonneville palladium-nickel-copper project. The trio brings deep technical, operational and capital-markets experience, and will join Chalice’s advisory board.
Odin will review and enhance Chalice’s organisational capability, capital markets profile, product marketing and technical development options for Gonneville, with a view to optimising project value and accelerating its path to financing and construction. The move underscores Chalice’s efforts to position Gonneville as a globally significant, long-life critical metals asset and is aimed at maximising long-term returns for shareholders as the project progresses towards operations.
The most recent analyst rating on (AU:CHN) stock is a Sell with a A$1.50 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.
More about Chalice Mining
Chalice Mining is an Australian mineral exploration and development company focused on discovering and advancing large-scale base metals and platinum group metal (PGM) deposits. Its flagship asset is the 100%-owned Gonneville palladium-nickel-copper project in Western Australia, a long-life resource positioned to supply high-value critical and precious metals to global markets.
YTD Price Performance: -34.25%
Average Trading Volume: 2,142,947
Technical Sentiment Signal: Sell
Current Market Cap: A$560.9M
Find detailed analytics on CHN stock on TipRanks’ Stock Analysis page.