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0.00% 11.5¢ calidus resources limited

Ann: Administrators Appointed, page-55

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  1. Mastatrada
    1,145 Posts.
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    01/07/24
    11:58
    Post #: 74546523
    My guess is that Macquarie will be taking any offer that gets close to Calidus's outstanding debt, leaving not a penny more for shareholders. And they'll be lucky to even get that; the plant may be decent but it's next to a 3rd rate deposit, with tens of millions of dollars to spend with no guarantee of extending LOM. As for Nulagine, that's actually cursed
    CAI Price at posting: 11.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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