CAI 0.00% 11.5¢ calidus resources limited

Ann: Opportunity for significant near-term production increase, page-12

  1. 439 Posts.
    lightbulb Created with Sketch. 79
    Your calculations are naïve.

    You assume $0 costs and no profit share.

    This stockpile will not displace their 0.85g/t head grade as far as financial return is concerned and reduces the bottom line.

    And do you think they haven’t sampled the potential 1mt of low grade stockpiles that some are calling 4g/t in preference over a 10kt stockpile at 1.5g/t?

    Some of you want to attack my commentary but continue to spout ludicrous numbers and calculations that make absolutely no sense.

    Each to their own I guess.


 
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