CAI 0.00% 11.5¢ calidus resources limited

Ann: Blue Bar Development Approved, page-16

  1. MTV
    1,764 Posts.
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    Sorry, can't agree with your approach. The ore from Blue Bar will displace ore from Klondyke. The important metrics for determining the boost to profits are the relative grades and AISC, plus the profit split (higher grade and lower ASIC from Blue Bar, followed by 60:40 profit split). I don't think we have sufficient information to estimate the profit boost, but I'm taking it on faith that there will be one.

    All IMO.
 
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