CAI 0.00% 11.5¢ calidus resources limited

Just went back through my notes and debt facility is 3.25 years,...

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    Just went back through my notes and debt facility is 3.25 years, not 3 years, so will expire with hedge.

    My guess is it will be restructured to 5 years (both debt and hedge) with a higher interest rate.

    On aisc. DR did tell me he wanted to get aisc down to 1600, whether it be 70koz, 80koz, or 90koz. That was mid December. End of Jan he said they're forecasting aisc to reduce to $1850 (over time), which is pretty close (his words).

    Not sure about others here, but I wouldn't exactly call 1850 close to 1600??
    Last edited by elzephyrus: 24/02/23
 
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