CAI 0.00% 11.5¢ calidus resources limited

Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-82

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  1. 154 Posts.
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    They got the intial DFS wrong it happens. Think everyone needs to move on from this but yes huge losses for those holding prior. Presumably this was signed off by a competent person but still it happened. They are trying to right the ship but it is not an overnight fix. I think they have pretty transparent regarding their strategies to get this back on track. Mining is a risky business. I wonder how many people read the risk section of the prospectus prior to investing its quite a lengthy part of the document. It’s easy in life to point the finger when things do not go to plan but such is life.
    Management is even more so important when times are tough and for mine these guys are clearly a genuine bunch with or without skin in the game.
 
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