I must admit, I have perhaps forgotten the possibilities of Hawsons in the long term.
For me, the resource is already huge. However, CAP are explorers, and very good ones, perhaps they should refocus on Hawsons, and perhaps produce a long term outcome like Giralia (GIR) did (prove up resources, sell the lot for a huge profit in a Takeover).
CAP does need a major farm in partner, however, perhaps now that they have proven the economics of the project with the current resource, an increase in the resource of 2-4 times, would clearly increase the economics much further, for a relatively small amount of extra capital.
Nic S - stance on capital raising is not to do them if at all possible, which is a real show of strength and a major reason for my continued investment. So... I am of two minds.. Perhaps they could get a much more respectable J/V to help with the funding of further resource growth...
Regarding the new director, I politely disagree, Nic is building a very impressive management team, considering the companies small market cap.
All just thoughts for now.. Good to have my thoughts re-juggled.
CAP Price at posting:
32.7¢ Sentiment: LT Buy Disclosure: Held