I just found this summary on CAI's valuation in the Euroz-Hartley broker report from Dec 2020. It looks like they made some predictions very close to where we are now, just prior to first gold (POG today in AUD is $2636/oz):
Our Market Sensitivity
Price Target $1.00/sh
Valuation $0.90/sh
Bull Scenario $1.30/shCAI finds additional ore and extends mine life by2- 3yrs and gold price continues to track above LTforecast of A$2,650/oz.
Base Scenario $1.00/shDelivers a BFS in line with PFS and successfullyexecutes to become a mid cap gold producer
Bear Scenario $0.40/shGold price falls and project stalls
All IMHO, DYOR
Calidus first bucket of ore delivered, page-8
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $97.75M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.8¢ | 12.0¢ | $174.9K | 1.414M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 705158 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1129281 | 6 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
-0.005 ( 4.15 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.0¢ | 857844 | ||
| Last updated 15.39pm 31/05/2024 ? | |||||
| CAI (ASX) Chart |