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11.5¢ calidus resources limited

Ann: Maiden Resource to underpin Nullagine Restart, page-122

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The Mechanic

2,282 Posts.

1015

25/06/24

14:41

Post #: 74480336
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Originally posted by Dazedandconfused: ↑

The free cash flow this 1/4 provides the money needed to finance increased productivity. If it is used to pay down debt it means the hedge position will continue to be greater than 50% of produced ounces.
Increase the ounces produced = greater free cash flow and minimises the potential for further CRs.
It makes sense that only the interest be paid this 1/4.

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We will have to wait for the quarterly and see, my money is they have paid debt which explains somewhat where the money has gone.

CAI Price at posting: 10.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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