Good to see that we are getting back to basics and focusing more energy on our number one asset, Hawson's.
Would be interesting to know the breakdown between the cash and receivables, is there any money overdue / late coming in & if so from who?
Regarding the comment re: different investor profiles, I thought that is why we have Silvergate and Yue's representative on the Board of Directors, as they are meant to have strong direct links to Chinese steel mills, giving the Company the best possible chance to secure an offtake agreement with a large steel mill and get Hawson's into production.
Hence this comment does not sit right with me, Are we looking for another major shareholder to invest in the company or have other people told management to are juggling too many balls? I think it is more a case of saying cash is tight and we can't afford to spend money on exploration.
Sad to see Nick go, he is a character and CAP is worse off without him (IMO).
CAP Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held