Ann: Annual Mineral Resource and Ore Reserve Statement, page-55

Coming on here as a non holder and comparing a decade long failure like PNR that still has substantial (for its size) long term debt, to Calidus which has only just completed its first full year of production during challenging times, and reduced its debt by $30M in 18 months, is nothing but shit talk.

Yeah it always comes down to management first, resource second. Genius.

Its stupid to criticise a company for its hedging. Thats a decision forced by the debt providor, and its a best guess by the board. No one can predict the PoG, and experienced miners call it wrong all the time, RRL in recent times for example.

And low grade often has potential, why do you think CMM is a market darling when it has the Same head grade as CAI?

Thanks for your "insights", but worthless AFAIAC.