As long as CAI don't fall into the trap of silly hedging contracts like those which hobbled DCN, I'm happy with any reasonable source of funds. Interest rates are low, so financiers are "protecting" their investment and taking the cream by demanding hedges and/or options that destroy any upside in the profitability of the mine. If we can't get finance without unreasonable hedges, it is better to go to the shareholders for the CR.
Ann: Calidus to acquire high-grade Blue Spec gold mine, page-35
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $95.16M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $353.2K | 2.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 288008 | 6 |
View Market Depth
| Last trade - 10.26am 15/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
-0.005 ( 5.59 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.0¢ | 1069191 | ||
| Last updated 10.45am 15/05/2024 ? | |||||
| CAI (ASX) Chart |