CAI 0.00% 11.5¢ calidus resources limited

Ann: Opportunity for significant near-term production increase, page-67

  1. 439 Posts.
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    Marky Mark (and his Funky bunch) can’t tell you any such thing.

    Firstly, he has no real idea about any of the true technicalities and secondly, he probably doesn’t even understand the point/s being made.

    Eastwest101 makes excellent points on the hypotheticals of mining Bluespec with regards to the end product however, they will not even get close to mining there before they implode.

    As I have told the rah rah crew in the past, Blue Spec sits dormant for good reason. Load and Gob (or is it Grab?) seem to think making a gold/antimony concentrate is an everyday occurrence and a walk in the park and apparently “done all over the country”.

    The capital required to even get to the point of creating a con is going to be vastly more than stated (definitely not lower as they are now saying) and payabilty will be incredibly complex and probably only 60% of the contained gold.

    With this in mind and the capital cost required, Blue Spec falls way short on scale to ever make a “Final Investment Decision” as CAI put it.



 
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