CAI 0.00% 11.5¢ calidus resources limited

If the cash balance is only $12 million what makes this even...

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  1. 2,291 Posts.
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    If the cash balance is only $12 million what makes this even more bizarre is that $5-6 million was raised by the SPP during the quarter, without that the cash balance would of been only $6-7 million, when there was no cutback, supposedly accessing the deeper higher grade open-pit ore, spot gold prices averaged $3550 for the quarter and there was no development costs for Blue Bar or Bulletin or for the Klondyke underground mine. So where did the money go?
    Last edited by The Mechanic: 25/06/24
 
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