Can Palladium Recover? | Nasdaq

A lower high, do we see Palladium start moving up and what is the best way to invest. Chalice or a Palladium ETF (PALL) only on the US Market,

Is this the bottom.... don't catch a falling knife :)

Charts below to show trends:

• Chalice
• Physical Palladium ETF
• Sprott Nickel Miner ETF
• Palladium Futures March 24
• Palladium Futures September 24

This is an Interesting article , Indonesia go to the polls soon.

looks like some dialogue and debate has started on the state of Nickel mining in Indonesia who

flooded the market under current President. 

https://www.mining.com/web/indonesian-vp-hopeful-slams-jokowis-nickel-investment-policy/

A much needed market update by Chalice which comes at a good time whilst pressure exists in the critical / green metals market.

Chalice has cut back on spending and sitting with 112m in cash this will ensure their position and allow for critical works to take place.

i like the cutting in spending , focusing on value objectives and partnering process making good progress.

though a photo might be easier then the link

Mining companies often struggle to align capital investments with commodity price cycles. Short-term focus, investor expectations, and uncertainty contribute to this challenge. Companies may prioritize immediate gains over long-term sustainability, leading to investments during high-price periods that may not be viable in the long run.

To address this, a more strategic, long-term perspective is crucial, involving risk management, cost optimization, strategic planning, and investor education. Balancing capital investments with commodity price cycles requires careful consideration of long-term sustainability and profitability. 

I believe an opportunity exists with Chalice and I am buying. 

(46) Palladium Mining Stocks Great Opportunity To Invest In 2024? - YouTube

Palisades Gold - Peter Goodburn (The second-best Podcast after Motley Fool Money)

Is it all over for Chalice , do they sign a partnership with a key player or is the only hope for Teck Resources to take them over?

Time will with the strategic partnership announcement comes out.

Low prices for all of the resources in the ground that Chalice would produce.

Will Palladium bounce soon as a bottom is made or do we really need to wait until 2023 to see $3000 Palladium? Looks Like a surplus for the first half of 2024.

https://www.reuters.com/markets/commodities/palladiums-slide-accelerates-prospects-surplus-next-year-2023-11-10/

Strategic Partnering & the Lassonde Curve.

I wonder how the partnering process is going and what that would mean for the share price, looking at the Lassonde Curve Chalice are in a spot where if the right partner is found it would support the share price, if no partner is found the share price would be supported in the other direction.

A lot of risk at this moment, if it works out and a partner is onboarded it would de risk the project, i feel it would need to be a large partner as construction costs with the current interest rates would be challenging.

As per the most recent release, a positive improvement of 2-3% in hydrometallurgical recoveries, you would assume with further work and testing this could improve again. Once again i think about the strategic partnering.

Ni & Palladium price drop, the current price vs scoping study price is a little bit apart.

Interesting articles -

Palladium's slide accelerates on prospects for surplus next year | Reuters

Palladium price drops below $1,000 as demand from key car sector wanes - MINING.COM

I am holding.

Have a great day all!

I am perplexed to the timeline provided by the management team in the Project Scoping Study to when first production is, end of the decade,2029. In this current market I don't know who thought that was going to be a good idea, I believe it is a mistake that they would take back if they were to have the opportunity again.

chalicemining.com/wp-content/uploads/2023/08/61165386-1.pdf

However, in saying that the company has a really strong potential mine which I am willing to wait for and keep buying.

Is it a takeover target or does it partner up with a more experienced and cashed up resource company? Glencore, BHP or Rio Tinto?

A good fit for IGO?

Bell Potter has released a price target of $7.10. (snip it from fool)

Thanks

Stay safe