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In the early days we were treated to a lot of forward planning...

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Pinecone54

372 Posts.

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22/12/23

01:57

Post #: 71580291
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Originally posted by markyess: ↑

I think the key word in 'immediate option' is 'option' - we know that we have Blue Bar and Bulletin ready to go, and as you yourself have stated (and is emblazoned a few times on this announcement) the company infers it is to perform its own due diligence and review of both the inventory and drilling as it has been performing with the tenements in the Haoma JV.

Based on newsflow to date, I can't see that there would be any real prerogative to knee jerk pivot away from the Haoma JV production plan that is due to start in a few short weeks - but there will certainly be some motivation to perform an immediate desk top review of the entire NGP inventory and an assessment of Golden Eagle to define any remediation work effort to make it viable for Blue Spec/Coronation etc or to scrap it and contribute funding towards the new build plant as originally scoped out in the Blue Spec PFS, which could still lead to an expedited timeline.

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In the early days we were treated to a lot of forward planning news, I think Dave could do well to resurrect the gantt charts.
There is a great deal of potential activity now and seeing it in that format, helps shareholders and concentrates the mind of the board!

PC

CAI Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

1 Great analysis

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(20min delay)
Last 13.0¢		Change 0.005(4.00%)		Mkt cap ! $98.97M

Open	High	Low	Value	Volume
12.5¢	13.0¢	12.3¢	$82.45K	650.5K

Buyers (Bids)

No.	Vol.	Price($)
3	499063	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	59459	3

View Market Depth

No.	Vol.	Price($)
3	499063	0.125
32	1244731	0.120
18	1894655	0.115
12	1062899	0.110
8	969997	0.105

Price($)	Vol.	No.
0.130	59459	3
0.135	692946	8
0.140	781945	14
0.145	341750	4
0.150	561121	11

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 13.0¢			Change 0.005 ( 4.00 %)
Open	High		Low	Volume
12.5¢	13.0¢		12.3¢	645459
Last updated 14.50pm 08/05/2024 ?

CAI (ASX) Chart

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