CAI 0.00% 11.5¢ calidus resources limited

Will CAI AISC make money?, page-21

  1. 3,226 Posts.
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    I like alot of what I see with CAI - however their life of mine is fairly low, they really need significant exploration potential to increase LOM. Also, having satellite pits (Blue Bar, Mickey, Comet, Bamboo), can add increased overhead - these each are quite small LOM also (2-3 years). Scale is king when it comes to gold production. AISC of circa 2000kAUD is ok. Looking to take a small position for the next 24months.
 
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