Caledonia Mining's enhanced Bilboes feasibility will be worth the wait - broker
Portfolio Pulse from
Caledonia Mining Corporation reported strong financial performance in 2024, with operating cash flow increasing to $42 million and gross revenue rising to $183 million. The company is extending its Bilboes project feasibility study to explore cost-reduction strategies, potentially lowering capital and operating expenses while improving project economics.
April 01, 2025 | 2:15 pm
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POSITIVE IMPACT
The company's extended Bilboes feasibility study aims to reduce capital costs and technical risks, while maintaining robust financial performance with record revenue and cash flow.
Positive financial results, strategic project optimization, and broker's strong 'buy' recommendation suggest potential stock price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100