Chalice Gets New Bull After Resetting Gonneville Expectations -- Market Talk

Dow Jones

Jan 20

2249 GMT - Chalice Mining's reset of expectations around its Gonneville deposit in Western Australia gives it room to grow, says UBS. The bank upgrades Chalice to buy, from neutral, and raises its price target by 57% to A$2.75/share. Chalice recently released a pre-feasibility study into Gonneville. It outlined a 23-year, two-stage open pit development with production starting in early 2030. Analyst Levi Spry said forecast production may have been softer than market expectations, but could be a baseline. "Our updated modelling sees 10% higher production through further flow sheet optimization and increased revenue stemming from higher forecast Platinum Group Elements commodity prices," UBS says. Chalice ended Monday at A$2.28. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

January 19, 2026 17:49 ET (22:49 GMT)

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The bank upgrades Chalice to buy, from neutral, and raises its price target by 57% to A$2.75/share. Chalice recently released a pre-feasibility study into Gonneville. It outlined a 23-year, two-stage open pit development with production starting in early 2030. Analyst Levi Spry said forecast production may have been softer than market expectations, but could be a baseline. \"Our updated modelling sees 10% higher production through further flow sheet optimization and increased revenue stemming from higher forecast Platinum Group Elements commodity prices,\" UBS says. Chalice ended Monday at A$2.28. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 19, 2026 17:49 ET (22:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chalice Gets New Bull After Resetting Gonneville Expectations -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChalice Gets New Bull After Resetting Gonneville Expectations -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-20 06:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2249 GMT - <a href=\"https://laohu8.com/S/CHN.AU\">Chalice Mining</a>'s reset of expectations around its Gonneville deposit in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a> gives it room to grow, says UBS. The bank upgrades Chalice to buy, from neutral, and raises its price target by 57% to A$2.75/share. Chalice recently released a pre-feasibility study into Gonneville. It outlined a 23-year, two-stage open pit development with production starting in early 2030. Analyst Levi Spry said forecast production may have been softer than market expectations, but could be a baseline. \"Our updated modelling sees 10% higher production through further flow sheet optimization and increased revenue stemming from higher forecast Platinum Group Elements commodity prices,\" UBS says. Chalice ended Monday at A$2.28. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 19, 2026 17:49 ET (22:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2604566771","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2604566771","pubTimestamp":1768862940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2249 GMT - Chalice Mining's reset of expectations around its Gonneville deposit in Western Australia gives it room to grow, says UBS. The bank upgrades Chalice to buy, from neutral, and raises its price target by 57% to A$2.75/share. Chalice recently released a pre-feasibility study into Gonneville. It outlined a 23-year, two-stage open pit development with production starting in early 2030. Analyst Levi Spry said forecast production may have been softer than market expectations, but could be a baseline. \"Our updated modelling sees 10% higher production through further flow sheet optimization and increased revenue stemming from higher forecast Platinum Group Elements commodity prices,\" UBS says. Chalice ended Monday at A$2.28. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","CHN.AU":"CHALICE MINING LTD"},"translate_title":"圣杯在重置冈纳维尔预期后迎来新牛市——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHN.AU":0.9},"content_text":"2249 GMT - Chalice Mining's reset of expectations around its Gonneville deposit in Western Australia gives it room to grow, says UBS. The bank upgrades Chalice to buy, from neutral, and raises its price target by 57% to A$2.75/share. Chalice recently released a pre-feasibility study into Gonneville. It outlined a 23-year, two-stage open pit development with production starting in early 2030. Analyst Levi Spry said forecast production may have been softer than market expectations, but could be a baseline. \"Our updated modelling sees 10% higher production through further flow sheet optimization and increased revenue stemming from higher forecast Platinum Group Elements commodity prices,\" UBS says. Chalice ended Monday at A$2.28. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 19, 2026 17:49 ET (22:49 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}