CMM 0.16% $6.43 capricorn metals ltd

Ann: Feasibility Study Presentation, page-9

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    Unfortunately the mid-tier cashed up companies haven't shown much of an appetite to get involved with smaller developers. Mid tiers have largely been selling out of smaller operations or focusing on their own exploration acreage for new ounces. RRL were the ideal partner but I suspect the high capex cost put them off, plus they wanted to focus on McPhillamy's.

    SAR are one who could be interested. Their equity is fully valued so could offer script, most of their capex elsewhere is behind them and they don't have an immediately obvious development prospect.
 
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