CAI 0.00% 11.5¢ calidus resources limited

Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-104

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  1. 82 Posts.
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    A number of posters have queried the 'mined and forecast to be mined' graph.

    The graph has not been updated to reflect the three months delay for the completion of the cutback - the graph still has the cutback completion set at Dec-23.

    Management are expecting to mine 20k ounces in Q4 FY24 and 25k ounces in Q1 FY25. Actual production levels will be slightly lower to reflect the fact that CAI will not be operating above nameplate capacity in the near-term.

    I've already stated Q3 FY24 production will be around 15k ounces.
 
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