Ann: Calidus Completes $9M Placement to Institutional Investors, page-89

Calidus share distribution to Keras....is..let’s face it currently ...........”the Elephant in the room”.

Being discussed over in the UK on our BB’s as one of the reasons for the undervalued Calidus share status.

However people feel about it, the Institutions, management and the vast majority of Keras holders are not investing here just for a minor exploration company; but holding out for a major tier one Australian Gold producer!


So as the distribution takes place, sure there may be many millions of shares traded out.......but as Dave has said in the past, we need the share to be traded as much as we need LT holders!


If people and institutions don’t want these after the distribution, I’m pretty sure there will be plenty of others who definitely will and at this point in our progress, see an opportunity to get in early, at a very good price, prior to the upgrade due Q1-2020.


So, if we take the infamous 80:20 rule of thumb on this one, that would make a guess of around 144m shares could well be traded!


But don’t take this to seriously, it’s only meant as a little bit of fun!

Alfredo Pareto ( 80:20 rule )-for any future reference!

PC


Holding.....Long Term.......after Distribution