CAI 0.00% 11.5¢ calidus resources limited

Well they have the 89m net debt, and the hedges underwater by...

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    Well they have the 89m net debt, and the hedges underwater by about 43m today, and a $210m mining contract with MAH that will have contingent break costs for up front expenses.

    As positives they have a plant that is operating, and some decent resources. Not sure if their reserves meet the official definition, as they may not be able to be economically mined.
    Last edited by CaptainBarnacles: 27/01/23
 
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