Ann: CAP Quarterly Report and Appendix 5B to 31 D, page-2

re: Ann: CAP Quarterly Report and Appendix 5B... Nothing too exciting here in my eyes. Much of what we already know/has been released in regards to Hawsons. Same old story regarding the joint venture "we are talking to interested parties". I don't we will hear anything more of substance until PPB have finalised the sale of BMG's share in the project.
One thing that is quite concerning is the current cash on hand vs. CAP's current burn rate.
At this rate CAP has enough cash to sustain another 9 months of operations. If CAP can't find a favourable JV partner i think capital raising is a distinct possibility.