CAI 0.00% 11.5¢ calidus resources limited

Ann: Maiden Resource to underpin Nullagine Restart, page-86

  1. 281 Posts.
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    IMG_1147.jpeg IMG_1147.jpeg He did say about $12 min maybe a bit more, very confusing indeed.
    From the last quarterly report,
    Cash held and cash equivalents:
    $12.4 million, maybe that’s what David is remembering…
    Further down the report states:
    Cash held and cash equivalents:$8,246 million….
    Let’s not forget the capital raised in April/May:
    This brings the total funds raised under the Placement and SPP to approximately $22.5 million!
    So how can the cash balance only be $12-13mil at the end of this quarter??

    Apologies if my screenshots are out of sequence. I wrote this post using my phone. I may have misunderstood the report so any comments will be appreciated.

    GLAH

    RBR
 
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