Short Term Trading Week Starting: 26 June, page-10

STTCOMP CAI FA LONG

Calidus Resources (Gold W.A.)
SP 17.5
MC $100M
Cash $31M
Debt $87M

Useful announcement this morning. CAI will enter into a 60:40  profit share (Calidus:Haoma) to process stockpiled Haoma ROM ore from high grade deposits.

https://announcements.asx.com.au/asxpdf/20230626/pdf/05qz4hkwx5cxk7.pdf

CAI has been in the toilet for months but has held the SP at this level and appears to have bottomed. Not likely to shoot higher immediately but can easily put on the required 25% over the next 4 weeks as the quarterly comes due.