CAI 9.52% 11.5¢ calidus resources limited

Hi Brian,welcome on board! I’ve seen your postings and reviews...

  1. 439 Posts.
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    Hi Brian,welcome on board! I’ve seen your postings and reviews on other stocks and have always read them with great interest. Regarding DCN and GCY, they stuffed up with not having enough gold in the ground. In addition, poor hedging with too small a margin turned out to be fatal. GCY also had a large strip ratio.

    CAI will have a much larger margin and they have been deliberately conservative in their estimates. In addition, they will be doing more in fill drilling to make sure the same doesn’t happen.

    i would be happy for them to take on more debt given the current share price. Like I said, they have a huge margin with the current gold price being $1500/oz above the PFS AISC.
 
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Last
11.5¢
Change
0.010(9.52%)
Mkt cap ! $71.11M
Open High Low Value Volume
11.0¢ 12.0¢ 10.8¢ $396.0K 3.513M

Buyers (Bids)

No. Vol. Price($)
13 495612 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 548560 5
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
11.5¢
  Change
0.010 ( 4.64 %)
Open High Low Volume
11.0¢ 12.0¢ 10.5¢ 1884412
Last updated 15.59pm 28/03/2024 ?
CAI (ASX) Chart
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