CAI 9.52% 11.5¢ calidus resources limited

CAI - General Chat, page-246

  1. 7,515 Posts.
    lightbulb Created with Sketch. 2068
    Today NST delivered its results...
    NST reported a profit of $1B. NST is 30x's the MC of CAI
    CAI is projecting a profit of ~$90M (current mine)... on a like for like basis that equates to a notional $2.7B profit for CAI.

    I can only conclude that NST is trading 3x's above its correct share price and should be trading for around $2.50.
    All I can say is "buyer beware".
 
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1 11766 11.0¢
 

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11.5¢ 336976 3
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