Potentially 850M shares in issue, including options.
Just produced 1,500 ounces in a week, which is equal to 18,300 ounces over a quarter.
Based on the above, we should comfortably have a MCap of $250-300M later this year and share price of 30-40c.
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Ann: Restructure positions Calidus for strong growth in cashflow, page-5
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