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Ann: New Large High-Grade Satellite Deposits to Feed Warrawoona, page-5

  1. goldfan
    1,734 Posts.
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    12/10/23
    09:00
    Post #: 70300730

    Oh oh. Calidus seems in trouble and this announcement is indeed very strange.

    Are they trying to really turn old news into a new announcement to say they desperately need to feed the mill with high grade ore? and that was already planned.

    Sadly, they had so much potential but failing to deliver and that may cost them a lot.

    They should maybe indeed merge with another producer that have deeper pockets until they can get the operation going.

    CAI Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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