CAI 0.00% 11.5¢ calidus resources limited

I wasn’t talking reporting cash flow mid term you numpty.Ill...

  1. 412 Posts.
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    I wasn’t talking reporting cash flow mid term you numpty.

    Ill slow it down even further for you, one line at a time. Take a breath and read this slowly…..

    You suggest that the poor cash position (as disclosed by DR by the way in the interview - go figure) was because they chose to deliver into the hedge and repay debt.

    They have already previously announced, in a price sensitive announcement, that this would not be the plan for the current quarter.

    I say, if that were the case, those actions would be considered very material and therefore would need to be disclosed.

    Given they have made no such announcement to that effect, your summation on the cause for a very underwhelming cash position is flawed and unlikely to be true.

    Now, if you can’t understand the above, I’m afraid you really can’t be helped further and probably deserve to lose what ever you have left in this stock.
 
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