CAP 2.27% 4.3¢ carpentaria resources ltd

Ann: Quarterly Reports, page-4

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  1. 368 Posts.
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    Whilst this is taking a little time and moving a little slower than I would like, its still moving in the right direction and I topped up with a few more shares after reading this quarterly.

    The comments that I liked were:

    "Significantly, unsolicited interest in Hawsons has resulted in an increasingnumber of parties reviewing Hawsons, with a view potentially to providefunding for a bankable feasibility study (BFS) or other support.

    Additional parties have opened BFS funding negotiations, and existingcounterparties continue to negotiate within extended timeframes. TheCompany’s confidence to secure BFS funding is undiminished based onmarket feedback.
    "

    Always good to have customers and potential funding options coming to you rather than the other way around.

    If CAP can sign up some more off-take funding arrangements like the deal with Mitsui and BFS could be funded without dilution and commitment to construction funding.


 
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