CAI Valuation - comparison to peers, page-3

For goodness sake, I wonder how many time this fact has got to be stated before some people understand the enormity of what has just happened here ? It's the company management that has put out the advice to the market that their best guess/estimate at this stage is that the AISC will remain in the range A$1900-A$2050/oz for the whole duration of this project over stages 1-3 (the black line below). CAI are the ones that have made this call, and to me it's as if the company has given up on itself, throwing up its hands in despair. From here, it's possible this AISC could go down or up, but it is not a question of whether some shareholders should believe the guidance or not. The company are in the best position to give the guidance, and the AISC sits where its sits for now. Take it or leave it, just make a decision that you are comfortable with.



All IMHO, DYOR