Australia's largest stock trading and investment forum Australia's #1 stock forum

CAI

Click for more information

0.00%

11.5¢ calidus resources limited

Hi Dr Jonathan West In a video interview a couple of months ago...

First 25 Last

Share
Profile

Follow
Dazedandconfused

7,557 Posts.

2077

30/11/20

18:26

Post #: 49246022
Share

Originally posted by Dr Jonathan West ↑

The silver lining for me is that if Macquarie has funded the project (even though I think the terms will be solely to Macquarie's benefit and representing an increased risks for CAI) that means that they see it as a project that has robust economics and that they can not lose on their investment/loan. I still believe that they are "lenders of last resort" but their involvement, whilst associated with risks - especially if they do their normal modus operandi on hedges etc - is a vote of confidence in the projects profitability. I just hope that CAI can repay the loan asap and get them of the books. At least the project now moves forward without any undue delays and serious mine and plant construction can start.

Expand

Hi Dr Jonathan West

In a video interview a couple of months ago the topic of funding came up.
DR said at the time they had received multiple offers and they were in the process of going through them carefully to ..."see where the hooks were".
On that basis I see no reason to imagine management have entered into something with unpalatable clauses.

CAI Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

ARR

American Rare Earths kicks off drilling at Cowboy State

Bitcoin investors need to know the risks

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ABB

Aussie Broadband welcomes digital-first Buddy to the NBN market

There are more pages in this discussion • 30 more messages in this thread...

First 25 Last

Add CAI (ASX) to my watchlist