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
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $97.75M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $263.4K | 2.271M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 989980 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 603762 | 6 |
View Market Depth
| Last trade - 10.34am 11/06/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 11.5¢ | 1586600 | ||
| Last updated 10.49am 11/06/2024 ? | |||||
| CAI (ASX) Chart |