Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-186

That updated AISC was a complete bombshell and it appears to me that it has sent this company's long term prospects into a tailspin. The fact that they gave no inkling to shareholders that this was in the pipeline in the previous few months is a complete disgrace, and the company deserves all the criticism levelled at it from disgruntled shareholders. This really isn't just a "bedding the mine in" moment because a few things didn't turn out as planned. The CAI train has left the tracks and is now a horrible wreck. I'm putting this key graph up again because holders should ponder its implications some more.
Calidus is now officially a high-cost gold producer with an AISC expected never to drop below A$1900-2050/oz.


All IMHO, DYOR