CAP
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2.27% 4.3¢ carpentaria resources ltd

Demand and premiums for high grade ore, page-3

  1. peteai
    3,102 Posts.
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    29/08/18
    10:29
    Post #: 35257376
    I think CAP has great prospects given where the iron ore market is for high grade ore

    However, in the short term what is a bit of a concern, is cash.
    Given they were down to $1 mill cash at 30 june they will need to find cash soon, and I'm a little curious no announcements have been made as of yet , regarding the immediate cash issue
    Last edited by peteai: 29/08/18
    CAP Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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