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11.5¢ calidus resources limited

Ann: Calidus Investor Webinar, page-12

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JacobW

1,833 Posts.

255

31/10/23

17:46

Post #: 70648370
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Originally posted by thewisdom: ↑

good question.

As exciting as Calidus gold prospects are, the gold upside really only kicks in 2nd half 2024.

However, to my mind the catalyst to garner short-term market interest, increased demand for Calidus stock and hence significant share price appreciation is undoubtedly the Pirra Lithium Project.

Main takeaways from todays Webinar :
*SQMs investment speaks volumes as to the prospectivity
*Pirra now has $5m to ramp up exploration
*Not only are SQM interested in the Tabba Tabba south prospect (think Wildcat, and DeGreys Li bearing Peggy which is only 400m east of our tenement) but SQM ALSO interested in the East Pilbara tenement which is west of Spear Hill, especially the area that covers a lot of the greenstone near granites (which is conducive to large scale Pegs)

There are dozens of potential Li plays SQM cold have invested in, they chose Pirra. SQM have seen something in the PIRRA geology that they like.

What could Calidus 40% share of Pirra be worth if an economic Li resource is proven up...$50m, $100m, $200m, higher?

Very exciting times ahead

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I am keeping my holding to see the fruits of both gold operation and lithium exploration, the twin engines for CAI. it is a win-win to me.

CAI Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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