CAP 2.27% 4.3¢ carpentaria resources ltd

Ann: Change in substantial holding , page-5

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  1. 7,303 Posts.
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    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?
 
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