CAI
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0.00% 11.5¢ calidus resources limited

Ann: Pirra Lithium secures highly prospective Pilbara ground, page-17

  1. Dazedandconfused
    7,558 Posts.
    lightbulb Created with Sketch. 2077
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    17/03/23
    13:21
    Post #: 66823438
    Beats me why the SP is so low. CAI has always traded below intrinsic value...
    Starting a mine in a greenfield area?
    CAI is making $40M/ year at an AISC of $2000 which will only improve. Well below forecast for sure but oversold at this SP.
    As for the lithium package... hard to criticize ... imo.
    CAI Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch. 3  Great analysis
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