CAI 0.00% 11.5¢ calidus resources limited

Ann: Half Year Accounts, page-11

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  1. 7,360 Posts.
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    Dave told me on the phone, Being a substantial shareholder that we won’t get grade back above .9% due to the dilution. He didn’t say that will improve later he said the grade will be a lot lower due to the drop in load grade equalling dilution on the project, we will adjust this by milling higher than name plate throughput rates.

    So those holding for higher grades, I wouldn’t hold your breath too long.
 
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