CAI 0.00% 11.5¢ calidus resources limited

Ann: Pirra Lithium secures highly prospective Pilbara ground, page-12

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  1. 7,585 Posts.
    lightbulb Created with Sketch. 2098
    What appears to be priced in is CAI is a dud. People don't seem to register that CAI is actually running at a profit and will pay off the debt. The talk about restructuring the finance is all about freeing up cash to proceed with planned growth and expansion on the preferred timeline.

    The Pirra tenement package is substantially larger than previously reported... only those with working crystal balls could have that priced into their valuations.
 
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