CAI 0.00% 11.5¢ calidus resources limited

The strip ratio will be higher than lom (4.8 vs 3.3) for the 2nd...

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    The strip ratio will be higher than lom (4.8 vs 3.3) for the 2nd half. That makes a huge difference. Once we get past the overburden, the ounces go up and the aisc goes down. I'm hoping DR is underpromising in order to over deliver. That requires some faith and patience though. It looks like they'll be treading water for the next 6 months cashflow wise. I see them holding onto their current cash balance though (not depleting it).
 
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