Statement of Cash Flows Cash and cash equivalents at 30 June 2025 were $70.8 million (2024: $88.9 million). Cash used in operating activities reduced from $44.1 million to $17.8 million, primarily due to a reduction in cash flows associated with exploration and evaluation expenses of $23.9 million and a reduction in cash paid to suppliers and employees of $1.6 million.
Net cash used in investing activities decreased significantly during the financial year, predominantly due to the acquisition of a private property and financial assets in the prior financial year.
On the corporate front, disciplined financial management saw FY25 operating cash outflows reduced to $18 million – the lowest level in six years
– adapting to lower commodity prices and preserving our strong cash and listed investment balance of $78 million. This strong position ensures we are well funded through to a Gonneville Final Investment Decision targeted for late CY27.
Gonneville is forecast to generate ~45-50% of its revenue from palladium,
The outlook for Chalice With a strong balance sheet, Chalice is well funded to advance Gonneville to a Final Investment Decision in late 2027, while continuing to explore priority targets. Anticipated milestones in FY26 include completion of the PFS, commencement of financing discussions, progression of offtake negotiations and submission of the Environmental Review Documents to regulators for major environmental approvals.
Return (inc div) 1yr: 71.07% 3yr: -14.19% pa 5yr: 0.90% pa
CHN liquidity average traded daily : $3,000,000
Palladium
Gonneville is the largest palladium-nickel-copper resource in the Western world, a 17Moz 3E PGE, 960kt Ni, 540kt Cu, and 96kt Co open-pit project .
Early indications of price recovery but spot price still well below marginal cost of supply (~US$1450/oz)
https://hotcopper.com.au/threads/ann-presentation-diggers-and-dealers-mining-forum-2025.8696626/
The resource so supply and Demand:
Palladium fell to 1,187.50 USD/t.oz on August 5, 2025, down 2.10% from the previous day. Over the past month, Palladium's price has risen 5.74%, and is up 40.70% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
about:
Palladium is a soft silver-white metal used mostly in the production of catalytic converters for petrol cars, electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment and jewelry. The biggest producers of palladium are by far Russia and South Africa (70-80% of world output) followed by United States, Canada and Zimbabwe. Palladium Futures are available for trading in London Platinum and Palladium Market and on the New York Mercantile Exchange. The standard contact weights 100 troy ounces.
asx CHN Return (inc div) 1yr: 53.85% 3yr: -30.66% pa 5yr: 8.50% pa
*The Charts - Palladium chart and the CHN have both declined
Cost of supply has a cost gap of (not profitable!) 23% = 1450 / 1182
$1450 IS COST OF SUPPLY AS ABOVE
30/07/25 08:25
This had a great run... on the back of the palladium price
CHN. Return (inc div) 1yr: 39.74% 3yr: -30.86% pa 5yr: 10.02% pa
Held RL
Palladium just needs to break through the year-long $1065 resistance level.
chart below at 7/6/2025:
Tuesday 10th market price up at open.
Last
$1.43
Change
0.150(11.8%)
Mkt cap !
$496.0M
And the 'bias' is that hybrids (PHEV) are the go to now vs Battery (BEV), Gov policy 'belief' ..
..............We need cars still !!! .. though Amazon deliverers our parcels ..jejeje
https://hotcopper.com.au/threads/ann-presentation-macquarie-australia-conference.8569029/
at 06/05/25 08:34
- Presentation - Macquarie Australia Conference
https://hotcopper.com.au/threads/ann-promising-early-stage-gold-results-in-the-west-yilgarn.8598987/
significant suture of the South West and Youanmi terranes, including 1m @ 6.6g/t Au:
Gold-copper focused exploration in the Province remains at an early stage, with targeting for goldcopper systems continuing, drawing upon all available datasets including high-quality airborne magnetics, gravity and EM survey data acquired by Chalice from 2021 to 2023 following the discovery of the tier-1 scale Gonneville PGE-Ni-Cu-Co deposit.
is there any cash in the bank? 18.24 quarters..
- March 2025 Quarterly Activities & Cashflow Report
Last
$1.21
Change
-0.035(2.82%)
Mkt cap !
$466.8M