CAI calidus resources limited
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Ann: Warrawoona positioned for a strong H2 FY2024, page-5

  1. Aqil
    82 Posts.
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    10/01/24
    09:33
    Post #: 71804676
    I'm expecting 15k ounces in Q3 and 19k ounces in Q4 FY2024, as I don't believe the mill is operating above nameplate capacity consistently.

    Neither periods will allow CAI to achieve free cashflow and therefore expect a capital raise.

    The 'step change' will occur with the introduction of Bulletin in Q1 FY2025.

    CAI Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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