CAI 0.00% 11.5¢ calidus resources limited

Firstly POG not at all time highs, just very close to it.If you...

  1. 1,473 Posts.
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    Firstly POG not at all time highs, just very close to it.

    If you are unaware of the issues that have plagued the company over the last 8-9 months, I suggest you do a little more research.

    CAI will be stagnant for some time until we can show that our debt and hedge is not strangling us.

    Yes with POG at close to ATH we are certainly in a better situation than what we were 3 months ago, but the hedge is hurting us to realise that increase.

    Lift production and we will be fine, I think another quarter of pain at least before we are in a better position.

    GLTAH
    DYOR
 
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