Shocker of a report.
Sadly for me, as it's my largest holding.
Also a lesson on start up risk that I might need to reflect on with some other start ups I hold.
The positive - plant is performing very well.
Beyond their control - Covid.
Negative - grade control, daily mining tonnage to feed the plant is still not really high enough on the graph they provided. Competency of some staff under question.
It also raises the question of management transparency - as the capital raise thesis is now open to question.
- Forums
- ASX - By Stock
- CAI
- Ann: September Quarter Operations Update
Ann: September Quarter Operations Update, page-57
-
- There are more pages in this discussion • 154 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add CAI (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable