Absolutely agree with you on all points and thanks for putting my thoughts into words.
- $14m immediate cash injection
- $45m rehab cost only applicable at the very end of mine life
- Blue spec accommodation sorted
- Low upfront cost of only $250k
- Increased holding in the East Pilbara, Calidus is the biggest player in this area
- Big potential to increase life mine by decades
- A plant in good working condition that may provide synergies
I see this as an absolute win, what a deal by Dave and the team. I can't wait for more good news in 2024 and see this significantly re-rate. Merry christmas!
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Ann: Calidus buys Nullagine Gold Project & enhances cash position, page-38
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