CAI 0.00% 11.5¢ calidus resources limited

Ann: Calidus on track to meet FY24 guidance, page-22

  1. 439 Posts.
    lightbulb Created with Sketch. 79
    *As we can see today grade is being solved.

    Huh??

    Based on the production number and throughout rate, which they celebrate as being above nameplate, I put the grade as not even being 0.83g/t Au.

    You can all talk about better grade and strip ratio next calendar year but they won’t make it without more $$$.

    They actually tell you these facts but whack a bit of lipstick on it and you guys slober it up.

    You are getting sold the magic beans…sorry, mean magic bars of gold.


 
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