CAI 9.52% 11.5¢ calidus resources limited

Ann: Pirra Lithium secures highly prospective Pilbara ground, page-17

  1. 7,520 Posts.
    lightbulb Created with Sketch. 2068
    Beats me why the SP is so low. CAI has always traded below intrinsic value...
    Starting a mine in a greenfield area?
    CAI is making $40M/ year at an AISC of $2000 which will only improve. Well below forecast for sure but oversold at this SP.
    As for the lithium package... hard to criticize ... imo.
 
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