CAI 0.00% 11.5¢ calidus resources limited

Ann: Maiden Resource to underpin Nullagine Restart, page-58

  1. 413 Posts.
    lightbulb Created with Sketch. 75
    It’s about the 1/4 of recovered Resource grade, it has rehabilitation liabilities beyond current disclosure, dilution kills the deposit, even with mineralised widths of 0.5-1.5m, strip ratio is at least 4:1 and with drill and blast, the grade kills it.

    look at historical results and you will see how easily it failed.
 
watchlist Created with Sketch. Add CAI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.