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12.0¢ calidus resources limited

DR is also a lithium guy from a previous life if I recall...

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bassguy

78 Posts.

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27/10/23

22:11

Post #: 70587157
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Originally posted by Watchfulbull: ↑

I remember clearly 3 or more presentations by DR about 18 months ago where he said “junior gold miners are out of favour, if only we had a sniff of lithium we’d be killing it haha …etc”

so what did he do - whilst bringing a gold mine into production (awkwardly), he found lithium opportunities and synergies within CAI, and proceeded to create another feather in the cap. At an extremely small cost too.

if we can get a decent drill hit or 3 at the tabba tabba shear, we could quite realistically have enough pirra equity to be debt free. Drlling will start immediately and it’s not deep drilling so could have first batch of assays in 2-3 months.

I also think this will be part of the ongoing conversations with Macquarie about finance terms. In terms of loan lvr and underlying security but also I bet Macquarie would like to take advantage somehow on the next SQM lithium prospect.

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DR is also a lithium guy from a previous life if I recall correctly. Investing requires patience, we are living through some of the toughest times in living memory so inevitably not everything is going to plan. The doom mongers obvs like to play things down as much as possible of course

CAI Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 12.0¢		Change -0.005(4.00%)		Mkt cap ! $97.75M

Open	High	Low	Value	Volume
12.5¢	12.5¢	12.0¢	$28.20K	231.7K

Buyers (Bids)

No.	Vol.	Price($)
4	581666	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	1245649	18

View Market Depth

No.	Vol.	Price($)
4	581666	0.120
18	1886000	0.115
16	878130	0.110
7	747750	0.105
15	1388000	0.100

Price($)	Vol.	No.
0.125	1245649	18
0.130	1360797	10
0.135	818378	10
0.140	802145	12
0.145	341266	4

Last trade - 16.10pm 06/06/2024 (20 minute delay)


Last 12.0¢			Change -0.005 ( 0.00 %)
Open	High		Low	Volume
12.0¢	12.0¢		12.0¢	203491
Last updated 14.06pm 06/06/2024 ?

CAI (ASX) Chart