CAI 0.00% 11.5¢ calidus resources limited

CAI Valuation - comparison to peers, page-152

  1. 1,323 Posts.
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    It's not going to sell down hard, because that's already happened. Market doesn't think the chances are good for CAI. Need big DR to provide evidence that it's turning around. Positives are that the downgraded guidance hasn't changed. But that guidance is still woeful compared to DFS, and it sounds like it's still a mess in the pit (more production due to better reconciliation comment in presso).
    Last edited by Jonnyash: 22/06/23
 
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