CAI 0.00% 11.5¢ calidus resources limited

Ann: Trading Halt, page-16

  1. 442 Posts.
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    I think Dave’s present to all shareholders is a fully funded project with minimal dilution and prudent hedging in place to cover the first debt payments. This mine is going to get built!

    This is as simple as it gets. Conventional gold plant, easy metallurgy, coarse grind, low strip ratio with a single open pit operation for the first couple of years and a healthy margin at the current gold price and whatever hedging they take. Plus, it’s in WA.

    Add to that Blue Spec and further potential to add mine life through drilling and other acquisitions and we are literally sitting on a gold mine! Can’t wait for 2021 and pouring gold in Q1 2022!
 
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