Hi, new to the forum and a happy European shareholder of CAI.
One thing is for sure, we will be fully financed! Price decline by the raise should be limited due to the high interest. These parties who want to buy big blocks of shares dont sell for a quick buck.
I'm more familar with Canadian mining stocks, but you often see the re-rating after the financing is completed (as posted earlier in the mining cycle picture). These stocks always re-rate to a 1:1 ratio NPV. My target for next year will be 1 - 1.4 (based on 2500$aud gold). Adding the potential of Blue spec + further exploration + goldprice increase, we should difintely trade >2$ by 2023. One of the safest gold mining stock in the world in my opinion!
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Hi, new to the forum and a happy European shareholder of CAI.One...
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