Calidus Resources (ASX: CAI) - We dance underneath the radar

Matthew Gordon,
Ptolemy Capital


Interview with David Reeves, MD of Calidus Resources (ASX: CAI) Calidus Resources (ASX:CAI) is an ASX-listed gold exploration and development company. Its single focus is on the 1.25Moz Warrawoona Gold Project in the East Pilbara district of the Pilbara Goldfield in Western Australia. A PFS has been completed on the project, and an FS is currently underway. Reeves hopes that next year the company will be in production with a 100,000oz gold per annum gold mine. Calidus Resources is trying to take advantage of such positive gold market conditions. To put this into perspective, since the release of the PFS, the NPV of the project has tripled because of the gold price. The big growth opportunity appears to be a potential re-rate from Calidus entering production.

View Our
Calidus Resources Limited
Company Profile

About Us
Crux Investor is a new market insight channel for those interested in understanding the junior mining world and opportunities to invest. Its purpose is to cut through a lot of the jargon, bias and bluster that is prevalent in this sector and hone-in on the most important factors that can indicate whether a company has a strong footing for growth and success.
Get an insight into how institutional investors evaluate the natural resource market. Hear from some of the most influential and successful people in the industry about how they made money investing in public markets. Learn key strategies, tactics and questions to allow you to make better, informed, comparative assessments.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

Crux Investor does not verify information provided by contributors or video interviewees on this site, and makes no assurance as to the adequacy, completeness or accuracy of any such information. Crux Investor steadfastly disclaims any liability or responsibility for the outcome of any investments made by users of this site or our branded affiliates. Users of this site (and our branded affiliates) should consult with their own financial advisors to assist them in making investment decisions. By accessing this site and our branded affiliates, you agree to the terms of service and privacy policy.