CAP 2.27% 4.3¢ carpentaria resources ltd

iron ore outlook and what it means for cap, page-2

  1. 1,189 Posts.
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    5hareholder,

    Thank you for another informed and balanced post, thumbs up from me.

    I have spoken with CAP management on a few occasions over the last few months and each time, they have been very confident that Hawsons will proceed.

    Considering the potentiall growth out of India and China, accompined by the rise of the middle class, I do not see how the price of iron ore will fall heavily.

    IMO, CAP need to keep going with the ground work at Hawsons and have everything prepared so that when the cheque clears from BMG (if it does), we are ready to go with no further delays.

    The big players also prefer to take over projects that have cleared all the red tape and are ready for immediate production, something that may occur if BMG cant keep their end of the deal.
 
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