CAI 0.00% 11.5¢ calidus resources limited

Not pretty, but then the company had been very open that the...

  1. 410 Posts.
    lightbulb Created with Sketch. 286
    Not pretty, but then the company had been very open that the December quarter was going to be rough due to pit cut backs.

    They'd stated that there'd be a 'step change' in 2024 calendar year and the last couple of announcements they've made it clear the pit cut back has been delayed, so that step change will be a quarter later.

    In truth, no new news the market didn't already know, but they MUST deliver to this new guidance. They've given the maths and it's easy to read, so long as they meet it, there won't be a raise, but we are running out of runway.

    We can't afford anymore unknown unknowns in the March Quarter.
 
watchlist Created with Sketch. Add CAI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.