CAI 4.00% 12.0¢ calidus resources limited

Current sentiment !, page-23

  1. 6,854 Posts.
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    Market Cap under $ 50 million , with a project which will be ready for development in around one year , 6 year mine life at present , working hard to increase this , they have been purposely very modest , allowing major upside . Could be generating around $ 100 million cash a year .
    RC drilling programme , assays for the remaining 28 RC holes are pending. Detailed geological and structural logging and sampling is ongoing, and results will be reported once sampling is finalized and assay results received. Whilst assays are pending, the visible gold is very encouraging and supports the view that a substantial Mineral Resource and Mineral Reserve expansion opportunity exists below the Klondyke pit. The economic and technical outlook for Warrawoona continues to strengthen, with the potential returns growing and the risks falling.
    Stock Price is down around 50 % in the past 3 months . Downside in regards to the stock price imo will be temporary , on the contrary the upside is huge from where it is currently trading .


    Last edited by MajorJohnny: 18/11/19
 
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Last trade - 12.20pm 15/05/2024 (20 minute delay) ?
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