CAP 2.27% 4.3¢ carpentaria resources ltd

Ann: Hawsons joint venture update , page-6

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  1. 3,937 Posts.
    I suppose if we have to pay back the $13m it is like an interest free loan, and the money allowed Nick to complete the PFS which gives the project greater value, so a pretty good deal to regain 100% of a now higher valued project and pay nothing for it. But I will be extremely surprised if ASI doesn't take up the JV directly.
 
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