Australia's largest stock trading and investment forum Australia's #1 stock forum

CAI

Click for more information

0.00%

11.5¢ calidus resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-32

First 32 Last

Share
Profile

Follow
stag11

3,432 Posts.

392

01/08/24

21:54

Post #: 75035102
Share

Originally posted by pablo2: ↑

Empty Nose, good point, probably Macquarie’s plan before the Cash Raise.

Dazed, just got another quick response from Dave where I asked him why Voluntary Admin and why on June 28th.
He states, it was forced on them by Macquarie and that the mine is running well. He states it will all come out in the DOCA process.

I looked up DOCA - Deed of Company Arrangement. A binding arrangement between a company and its creditors that sets out how the affairs and assets of the company are to be dealt with. A DOCA is usually the outcome of a voluntary administration process in which creditors have voted in favour of a DOCA proposal

Expand

He has to convince the creditors that his figures are good, when in the past they haven't been. A man can only be judged on the worth of his deeds . What do you think they would do ?

CAI Price at posting: 11.5¢ Sentiment: Sell Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Tonight's US CPI data could set the tone for November. What are markets expecting?

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

IMA

Issues emerging as Australian companies tackle critical minerals challenge

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

There are more pages in this discussion • 11 more messages in this thread...

First 32 Last

Add CAI (ASX) to my watchlist

SPONSORED BY