CAI 0.00% 11.5¢ calidus resources limited

Ann: Warrawoona construction rapidly advancing, page-4

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  1. 12,116 Posts.
    lightbulb Created with Sketch. 6923
    There is a nice video on the work actually ongoing via CAIs website.

    I am pleased that they were able to provide some clarity on actual spend on the project to date, though as has been discussed on other threads. I would like to see a lot more detail (breakdown) in the next update. Approx $27m will have been spent/committed by April 30.

    https://hotcopper.com.au/data/attachments/3146/3146748-9a64c2fb6e8f75de33e2a814e012d238.jpg
    Above all, they are fully permitted and will be mining in less than 12 months.

    I don't foresee any issues with the build. The challenge will be the start up, partly due to staffing issues, that are being faced across the industry.
    Really does surprise me that those in the east don't realize the opportunities that are available in W.A.
    Luckily, CAI has 12 months to remedy/ameliorate those issues, or arguably, the contractors.
 
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