CAI calidus resources limited

I agree mate, I am not allowed to post here anymore because I...

  1. 7,801 Posts.
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    I agree mate, I am not allowed to post here anymore because I sold out!

    Why would anyone want to buy CAI? the plant works but the resource even though it was reconciling 100% (eyeroll) is junk, Dave told me himself there is absolutely no way the grade will top .9 due to dilution, so we are working on more throughput I was told.

    So from here the investment is will it survive or not. For me risk far out ways upside potential. It they can’t come in at the suggested AISC or Oz next quarter then this will be in big big trouble. Anymore staff issues then the same. If they come in on guidance then the upside would be 30c at tops with those high ongoing cost, short mine life and cash burn and lack there of.

    ready for the abuse for posting!
 
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