re: Ann: Carpentaria Exploration Newsletter V...
ashahriar, I thought I noticed that the other day too. If it happens again I'd be tempted to say you were onto something. Some one recently posted that they were hoping to accumulate some more if the price dropped below 20 cents. I think that it unlikely to happen now.
For what its worth, my prediction (based on nothing more than a guess, sorry no support for this one) is that BMG's interest in Hawsons will be sold by the end of the year and CAP will be the most likely buyer at a price of between $2m and $6m.
And if CAP does buy back, they will have a new JV partner by the end of March 2013.
I guess I have taken some support from Nick's comments in the recent newsletter such as:
"While project partner Bonython Metals Group BMG) is now in liquidation, Carpentaria is in a strong position with first right of refusal over BMG’s 40% stake and other rights.
“Carpentaria is holding all the cards at the moment. We’re talking to quite a few companies to get a new joint venture in place and progress the project as fast as we can,” said Carpentaria’s Nick Sheard.
"The project has received interest from a number of prospective partners and I am confident the BFS will be launched this financial year."
PS, R36 - agree with your post too. Not just the three points on which I am confident Nick will deliver the missing link. But also on nab's new platform (hopefully its just a matter of getting used to where things are etc, although charting option seems better from my quick look).
CAP Price at posting:
23.8¢ Sentiment: Buy Disclosure: Held
