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0.00% 11.5¢ calidus resources limited

News: CAI Calidus Resources Says Purchased 2.5% Net Smelter Return Royalty Over Tenements At..., page-13

  1. pablo2
    110 Posts.
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    02/12/20
    09:34
    Post #: 49286394
    Smithfield, if the whole royalty was capped at AUD$3.5m in years to come and we’re giving them AuD$2.4m worth of shares at today’s price now, doesn’t seem like a saving at all. Seems poor business to me but doesn’t cost anything diluting with 4m shares. Anyway deals done now, we can’t change it
    CAI Price at posting: 60.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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