CAI 0.00% 11.5¢ calidus resources limited

Ann: Mining ramps up ahead of 1st production in June quarter 2022, page-13

  1. 11,792 Posts.
    lightbulb Created with Sketch. 6319
    Well... things are clearly moving fast, as just a few hours ago, they hit 85%... rolleyes.png
    Versus the 78% in the update released today.

    https://hotcopper.com.au/data/attachments/3876/3876430-31467a9d023d3c6ee395111ac68f65a1.jpg

    Not that I really mind either way. I do appreciate the constant videos being recorded and provided. Hopefully when the pour first gold, they can edit it all and create a fairly impressive 2-3 minute video with 12 months squished together.

    I do want to say, that new mines... are inherently more profitable, that brownfield assets that are already in production, because... by and large, the best 'brown' deposits, are usually just being widened/deepened etc. So CAI is looking forward to some serious cash generation.
 
watchlist Created with Sketch. Add CAI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.