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0.00% 11.5¢ calidus resources limited

Hi mate, Inferred Resources can not be included in stated Mining...

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    29/09/23
    19:18
    Post #: 70105949
    Hi mate, Inferred Resources can not be included in stated Mining Reserves.

    They can refer to it as mining inventory for potential future production but has a low confidence on accuracy and financial metrics ie Inferred allows a calculation of metal content with no insinuation of economic extraction. Just because it exists, doesn’t mean it will ever be mined.
    CAI Price at posting: 15.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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