Current sentiment !

The project is on time, we have a minimum six year mine life confirmed!

Engineering has been planned and costed!
It’s all in the latest presentation (pages 8,9)

So what’s going on, likely to be many reasons, one you cannot escape from will be the demerger effect!

Many Calidus holders will fear a sell off by Keras holders, however, as mentioned many times on this board, we are investing in a future Gold producing company and have been for more than two years!

There will not be a wholesale sell off!

If anything, with the share price at this level we may well see many buying into this opportunity!

The big Institutional Investors, have teams of experts, who sometimes, come under pressure to make a “quick buck “ on uncertainty, then go full in to complete the process!

So whilst it’s difficult to see the other side of this decline, it’s still a fact we are on a planned path to achieve a successful outcome for the coming year!


PC