CAI 0.00% 11.5¢ calidus resources limited

Ann: Production and cashflow guidance increases, page-11

  1. 2,280 Posts.
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    With maximum throughput, last March and June quarter they achieved production of 16,000 oz per quarter with a low grade of .8g/t, surely now with the deeper pit higher grade ore and mixed with the JV ore they should be getting over 1g/t which should then be around the 20,000ozs per quarter. Maybe they are being conservative, we will wait and see what the coming March quarter production is.
 
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