 |
 |
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register > |
 |
|
|
 |
CAI, Calidus Resources |
 Posted: Jan 7 2021, 08:25 PM
|
|
|
Posts: 7,917 Thanks: 2646  |
In Reply To: nipper's post @ Jan 7 2021, 07:57 PM assuming gold at A$2500 • EBITDA of $110M pa ... Post Tax Project Free Cashflow of $447M • Post Tax IRR of 69% • Post Tax NPV $286M • Payback 13 months • Improved economics post budget COVID tax initiatives • Carry forward tax losses of $42m (estimated) by 31 Dec 2020 -------------------- "Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman
"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne |
|
|
|
|
Posted: Jan 7 2021, 07:57 PM
|
|
|
Posts: 7,917 Thanks: 2646 |
jacsar mentioned Calidus.
Been around since 2017 ---Calidus Resources Limted (CAI) is a gold exploration company that controls the Warrawoona Gold Project in the East Pilbara district of the Pilbara Goldfield in Western Australia. Got a few other Pilbara exploration tenements (Klondyke, Otways, Blue Spec; all within 50Km of Warrawoona).. . WARRAWOONA GOLD PROJECT ...... ON THE PATH TO GOLD PRODUCTION IN WESTERN AUSTRALIA (first gold poured 2021/22) MAIDEN MEASURED MINERAL RESOURCE • Measured -12.5m by 12.5m drilling • Indicated Resource - 25m by 25m drilling • Large (10m x 2.5m by 2.5m) LUC model -includes significant dilution due to block size • Resource open at depth and along strike Ore Reserves of 14.3Mt @ 1.2g/t for 547koz • Wide (up to 35m) ore zones • Detailed drilling shows higher grades than wider spaced drilling • Strip ratio of 3.6 @ 0.3g/t cutoff –4.8 at 0.5g/t cutoff • Schedule feeds plus 0.5g/t cut-off results in 1.2 g/t open pit feed grade for initial 5.5yr
CASH (30 Sept 2020) $26M DEBT FACILITY AVAILABLE $110M -------------------- "Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman
"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne |
|
|
|
Back To Top Of Page |
|
| You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE. |