Very well put together presentation by CAP. I really liked how all the differing parts of the project were explained.
The focus on a 5mtpa initial start up is (all IMHO!!) indicative of CAP management perhaps having spoken to its new largest shareholder, who may view a smaller capex and small production in the near term as more doable for the project to actually get a ahead.
As for the Tungsten, good to see CAP doing what they do best, and proving up resources. By their own admission, it is a small project for the time being. But having more options is always good.
I wonder how long the BMG % has to be up for sale/expressions of interest, I would have thought there would be some sort of deadline?
CAP Price at posting:
26.7¢ Sentiment: LT Buy Disclosure: Held