CAPs website has been updated and now includes a company profile from RBS Morgan and an article from the International mining journal regarding Hawsons, both appear in the media section.
www.carpentariaex.com.au
Its been a while since any broker showed an interest in CAP. With $7.2m cash at hand and cash burn of around $1.3 million per quarter, could Nick and team be considering a capital raising?
The RBS company profile also states the timeline for appointing a new J/V partner is out to December 2012. I would have preferred to have our J/V wrapped up before then.
Also expecting to see another change in substantial holding notice next week from Silvergate.
CAP Price at posting:
44.1¢ Sentiment: LT Buy Disclosure: Held