Ann: Calidus forms new Pilbara lithium exploration venture, page-57

First 57 Last

Share
Profile

Follow
Pinecone54

374 Posts.

94

07/02/22

19:08

Post #: 59414339
Share

Originally posted by deggit1gold: ↑

Not keen on setting predictively forecast target prices for stocks i hold but basically just listen to others more informed and knowledgeable than myself. The Lassonde Curve that Calidus could/should be following just now on the run in to first gold pour takes us to a price range of approximately 112.5c -125c all being well. Within budget and on time delivery being major prerequisites for this to happen. June Q looms large on the not too distant horizon folks. This possible price range is calculated from a starting point of 50c and applying the customary 125%-150% that Gold developers to producers have previously seen as the norm. Not all manage to avoid the pitfalls and frailties of the game. We've just got to trust in our team to lead the way. Can't do anything about external factors so the remaining within budget and on time first gold pour, but also meeting forecast production/grade targets are even more critical now. Good ship Calidus back in port just now for extra supplies for the journey ahead. PS - Pierre Lassonde still predicts $2300USD Gold within his stated 18 month timeframe mentioned in September 2021. ATB.

Expand

Well today, was hoping for a bit of an upswing, but nevertheless, anyone who has shares,regardless of the price paid, just needs to keep their nerve!.

The next few months we will see quite a few ups and downs as we progress towards production!.

Dave has said on more than one occasion, that a company needs sellers to enable others to buy!.

So,here we are on the cusp of a major transition in our companies fortunes, with plenty of upside to come ……..so - “Illegitimi non carborundum”.

PC

CAI Price at posting: 66.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply