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11.5¢ calidus resources limited

Ann: Half Year Accounts, page-61

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elzephyrus

5,515 Posts.

329

12/03/23

21:00

Post #: 66724002
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Originally posted by stag11: ↑

I remember some early talk of overseas shipping, but then I thought it turned to being able to do it local.

I didn't know how the refractory ore worked holding tightly to gold.
I was under the impression there were going to be a lot of smelter credits from this other metal....which for the life of me escapes me atm.
If we have to depend on stage 3 we are toast and I'm working for another 5 yrs.

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Strip ratio has nothing to do with dilution. Dilution happens in the ore body. The grade isn't high in stage 1. Just have a look at the reserves and resources table. Average lom grade is over 1gpt due to the underground at Klondyke (stage 2).

CAI Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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