CAI 0.00% 11.5¢ calidus resources limited

Ann: Update from Receivers and Managers, page-111

  1. 439 Posts.
    lightbulb Created with Sketch. 79
    Yes, this is a point that some just don’t seem to get.

    With no hedge and no debt, record gold prices, it would still be an anchor.

    It should have never been built if the Resource was done rigorously.

    It’s worth squat unless the gold price goes to $5k and input costs drop.
 
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