CAI 0.00% 13.0¢ calidus resources limited

Still on Track !, page-46

  1. 6,109 Posts.
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    Wondering when CAI rerate begins ? I mean versus peers should be valued x3 higher. 200m MC at DFS/financing is not unreasonable to me.

    Start drilling and watch the hot money flow back in, especially since CAI is near DEG.


    https://hotcopper.com.au/data/attachments/2117/2117603-e6e27a96ea402ee4a13a15ec346f0347.jpg


    IMO CAI on a life cycle is now at the bottom end and the risk is to the upside, Gold/Market dependent off course.

    Start news flow, drilling, Jorc and get finance and this rerates. My hope anyway, could be just a dreamer.


    https://hotcopper.com.au/data/attachments/2117/2117619-b9cb2de2a3cc0baa0b4237e0564fd3d2.jpg


 
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