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15/12/22
11:25
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Originally posted by prhb:
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The share price appears to be under sustained attack. This market action is not justified by Calidus announcements in my opinion. If my perspective has any value - then something else is at play. I don't know the details of the financial covenants associated with the debt, but could there be a clause related to debt versus market or similar? If such conditions existed, one would wonder whether DR might seek a friendly investor (Alkane) to prop up prices
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A guess is the debt is an issue, it was a question in his webinar about debt and when it was to be repaid, first payment etc. Nothing outlined in writing anywhere I could see. Gold price has lift and CAI is falling. Something is wrong. Anyone work their.