CAI 0.00% 11.5¢ calidus resources limited

That's actually pretty average if you look at some of the latest...

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    That's actually pretty average if you look at some of the latest quarterlies... assuming we keep the lower end of guidance we'll be significantly better than mid tier producers like SBM, SLR and RMS. With a $3000+ gold price, even a $2000 AISC is massivlely profitable.
    With gold production of 130k oz per annum that's a billion dollar enterprise.
    The next 6 months will be tight but remember that part of the reason for the current low market cap is risk, as well as the panic selling that's happened since the quarterly dropped, but now seems to be over. Even treading water for 6 months, meeting debt repayments, discharging more of the hedge, maybe a debt restructuring or small CR if needed, starts to remove that risk.
 
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