CAI 0.00% 11.5¢ calidus resources limited

@MTV - with our strip ratio reducing to 2.6 in Q3 FY24, our open...

  1. 74 Posts.
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    @MTV - with our strip ratio reducing to 2.6 in Q3 FY24, our open pit mining costs will reduce. It's difficult to estimate by what degree but I say $3-4mill is reasonable on a quarterly basis. To reach cash flow break-even, CAI needs to produce 18k ounces.

    With Haomo's JV ore and an average grade of 0.85g/t Au from Klondyke, we could be producing up to 20k ounces.
 
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