Morning Trading August 23, page-193

  1. 26,982 Posts.
    lightbulb Created with Sketch. 358
    CAE Cannindah with Director buying on market and further validated by;

    firstly $2 billion ($A) resource in the ground with copper at $8,250/tonne US (with projections to go higher towards $10,000)

    take out half for production costs, etc...

    call it $1 billion ($A) = $1.80/share !! based on 560 million SOI's

    so definitely not 13.5c, lol...

    With any upcoming rights issue/CR, no doubt to be eligible you will need to be holding shares in CAE.

    All of the above its a screaming buy !!
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.