CAI Cailidus Resources They seem very confident this will become another Gold Developer , many experts are expecting Gold to have an even bigger year in 2020 and quality explorers with a high chance of becoming a Gold Developers should also see increased interest . Calidus Resources is trading around 50 % lower than it was approximately 4 months ago , since then , the project has been further de risked , completed a Capital Raise and are very well funded . Also post consolidation which also spooked the market and are in a very good position to join the list of approximately 80 gold developers around the world . Once the market believes this , a take over could be next , especially post a consolidation and with a market cap of less than $ 50 million with the possibility of generating $ 100 million free cash flow per annum . Interesting latest interview https://www.boardroom.media/broadcast-single/5deee3a1b0868627fed89c00 Forward thinking market has completely missed this .
