Sorry for the spam guys!
On the 13th of April the price of gold was the same as todays price. (See Below)
View attachment 4484824
The difference was the share price, CAI has a closing share price of $1.05 the only difference is that we hadn’t poured first gold meaning there was still fear of plant issues and a seemingly higher risk.
Since then we have poured that we know of first pour 42kg of gold from 15-30may over $8,000,000 value. Now one would assume a lot more as the 2.3mpa run rate has been going flat stick.
The biggest one for me is there was the grade reconciling 100% through both grade control and gold produced to resource model – 8% of in-pit reserve drilled huge reduction in risk ever.
David explained the cost rise of 10-15% due to diesel and labour other than that there has been only positive steps forward here!
share price now .58c or $230,000,000 market cap
Ebitdar next year $130,000,00
View attachment 4484827
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Sorry for the spam guys! On the 13th of April the price of gold...
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