CAI Valuation - comparison to peers, page-104

Alkane shareholding in CAI is what led me here in the first place. Then the 65c (or was it 67c) cap raise dropped the price a bit and gave me some confidence in their finances. Didn't expect all the subsequent issues and very high aisc. Sold all my 175k CAI shares at 27.5c for a big loss. Warrawoona appears to be on the mend but debt restructure is holding me back from buying in again. Alkane a much safer investment and probably higher potential as well (long term) at current prices (imo). Hoping I'll at least get my money back over there.