CAI calidus resources limited

Blue Spec Fault Line, page-9

  1. 463 Posts.
    lightbulb Created with Sketch. 82
    Mate, I wasn’t having a crack.

    You make a great point, the reserves (based on acceptable inputs by a Competent Person as per the JORC code, which are a joke and actually provided by Company…refer JORC statement re Reserves.

    I wouldn’t be so quick to agree with the acceptance of “Reserves” as a measure to base your investment decision. I’ll leave with this, the current debacle is based upon decisions and financing justification, predecated on the open pit Reserves at Warrwoona.., And you still trust a number from the Company on Reserves at Blue Spec….minable maybe in 2-3 years? Good luck mate
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.