The webinar basically covered the main points in the accompanying announcement.
One question was about the debt and CAI is in conversation with the banks about a restructure of terms both on debt and hedges "to align the repayments with the new production profile" which if it comes off should lead to a better sentiment.
Other points of interest...
Blue bar is small but will start early in '24 with Bulletin mid '24. Drilling underway of Bulletin to bring it up to reserve status (3000ms of RC rough cost $200K + a couple of deep holes to test for depth of strike). Blue Spec pushed back to '27 start, December 1/4 much like this 1/4 but step change in ozs produced March '24 1/4. Planning the portal for underground at WGP.
Current guidance is WGP only with JV ore to be included later once JORC compliant.
CAI Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
(20min delay)