CAI 0.00% 11.5¢ calidus resources limited

Thanks 1S1, Makes perfect sense. PNO though would have...

  1. 5,184 Posts.
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    Thanks 1S1,
    Makes perfect sense.
    PNO though would have anticipated this as negotiations with distribution partner were ongoing for some time.

    That Crossmark needs more stockpiles to get all customers filled can not come as a surprise. The second CR announced in the annual report was, in my opinion, a reflection of higher manufacturing costs ahead of revenue income ( I had wondered at the time why more funds would be necessary, we got our answer now ).
    Additional production is most likely already ongoing.

    Look forward to a week from now when emotions lift from yesterday's offload and we move onto a slow but steady accumulation process towards end of Dec.



 
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