Member Info for ChirpyCheep

Yes they are clearly putting a value of nil on the Performance Shares and nil on Togo.

Jim BL- good detective work

My money is with you.

Consmin are also into Lithium- as is DR with EMH.........and HQ in Perth. Cant believe DR doesn't know them

Seem to remember it was a very green site eg poor transport etc.
Might not be much of a loss.

You are correct!
Two separate events.

That must be the last date the PFS has to be completed to qualify for the Performance Shares NOT ie don't get them after that date.

That date was set years ago and not relevant now because we know it will be Q3

Yes re Maganese it uses the word negotiation a couple of times.
That's a mile away from words like seeking,evaluating.

NM-Good Man!

Market depth looks better too.....won't take much for it to rise further.

4.5c even!

45p !

https://www.calidus.com.au/investors/analyst-research/

Notice how he included the Performance Shares in the valuation of CAI.
It's $34m without, $40m with.

https://en.wikipedia.org/wiki/List_of_countries_by_Fragile_States_Index

Togo is actually one of the most stable countries in the region !

Mentioned as the most likely route- see VOX Audio Boom Q & A August 2018

They have not provided dates.
However, it definitely won't happen until after the final tranche of Performance Shares are distributed.
For them to be distributed there will have to be a company reconstruction.......so may take some time.

RL said this was basically a trial mining operation.
I think they know it will be profitable.
RL said what was key here was working with the community, so I guess they need to prove there will be no adverse impacts on the people environment etc
Having a trial mining also derisks the operation.
Think they are doing it slowly but prudently.

About to rise ?

Throw in what's happened in Brazil and end of the Chinese New Year you'd think so.

https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Lands-Ministry-directs-Ghana-Manganese-Company-to-stop-work-720837

https://thewest.com.au/business/public-companies/calidus-ups-pilbara-gold-resources-by-75-in-a-year-ng-b881097021z

The 1.42b includes the Escrowed but not the Performance Shares.

There are currently1.42 billion CAI shares in issue- adding the Performance Shares & Alkane options won't double that?
Don't think you are right in saying the number of shares in issue therefore will double

Would that be a bad thing ?
Will have gone from KRS to CAI hopefully wish some cash thrown in ?

Hopefully!
The bit that puzzled me was saying that Nayega will be the cornerstone of their Manganese business.
If that's the cornerstone what's the other part ?