CAI 0.00% 11.5¢ calidus resources limited

I still believe in Calidus. It been a horror couple of months...

  1. 140 Posts.
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    I still believe in Calidus. It been a horror couple of months for sure, but $40 million profit each year is nothing to scoff at given where our ev and market cap is.

    The big concern many have highlighted is labour. I work for one of the biggest mining companies in the world, also located east Pilbara. The amount of highly experienced and skilled people that have left just in this last 2 weeks is incredible. People don’t leave because it’s hot, they leave for more money, a 2/2 roster, and sometimes they get both more money for a better roster somewhere else.
    spoke to Dave, he said Calidus is providing a 5% site allowance bonus to attract and retain new staff. It will help, how much idk.
    hopefully next week we get confirmation the bores are all complete.
    the sky hasn’t fallen in. There is still plenty to like in my mind.

 
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