CAI 1.92% 12.8¢ calidus resources limited

“You are assuming the gold was not there in the first place”Im...

  1. 345 Posts.
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    “You are assuming the gold was not there in the first place”

    Im not assuming anything of the sort.

    I am stating it as a demonstrable fact.

    Let me be absolutely sure you understand.

    I am saying that they literally can not extract any semblance of gold production and, let’s face it, the most important part!!!, make more money than it costs t pour it.

    Gold would have to go so far past $5k AUS for this crew to make a cent. Even then, they would probably get performance rights on production hurdles irrespective of margin.

    I thought capital appreciation should be the biggest hurdle for any executive performance rights but hey, if that floats your boat, let’s celebrate…..but let’s not
 
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