GREY:CHALF - Post by User
Post by
Boddingtonon Nov 05, 2021 1:00pm
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Post# 34092830
Way things going: 2022 Chalice will be taken over or bought
Way things going: 2022 Chalice will be taken over or bought It is obvious Chalice is cash strapped and in trouble with the debenture. 2022 might be a decider since:
Chalice Competitors doing better financially and managing the debt burden better and it doesn’t have a meaningful market cap (CA$30M, down by nearly 55% from beginning of 2021)
A takeover by debt holders then taking Chalice private (breaking it to pieces) or purchase of Chalice at $0.60-$0.70 /share might be only salvation