CAI calidus resources limited

news, page-4

  1. 7,746 Posts.
    To get $300k, I suspect we need another TT story in an eastern state. WA will cool down, but as Doogs said interest is still strong. So to keep Aug/Sept above $100k you need interest in other states. SA has TT, so hopefully WA ($100k July) then WA/SA ($100k Aug) then Sept introduce another state. It's certainly a possibility. Anything less than $250k is a fail in my books. Costs will increase and no tax offset.

    My understanding is the Sports Gel is anticipated for November release. I'd love to see RED released for summer burns. Much depends on that.

    $300k plus this quarter and only the gel by xmas would be about 1c imo. If you add RED then possibly 1.5c, the options also come into play and cause resistance above 1c.

    Less than $300k would result in low sp. Also means bigger loss and more chance of a cr. So the sp remains low and trapped in a cycle.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.