Fair enough to sell up and move on. Staying invested in CAI right now is very high risk, even for a speccie.
My views on production numbers and AISC are completely speculative, but I think the company declared Commercial Production before the company was ready to do so, and because of this, have published very conservative numbers. I could be wrong though.
To me, their poor mining practices can't continue for ever as more man power is available in the mining sector. At some point, they'll have the talent, experience, and expertise to bring dilution back to 10% or even 5%.
We'll just have to see how the next quarter goes...Hopefully DR makes more announcements about improvements.
- Forums
- ASX - By Stock
- CAI
- Ann: Quarterly Activities Report and Quarterly Cashflow Report
Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-144
-
- There are more pages in this discussion • 206 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAI (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable