General thoughts - very positive. I bought in at the last rights issue at 4.9 cents and am very happy to add further to my holding in the new rights issue at 7.2 cents.
CAP has signed up some blue-chip buyers & should benefit from a price premium for its product. Needless to say, Broken Hill is a great place to start a mine (ask BHP!!) with all the local workers & infrastructure.
Company now saying it has a number of investors lined up for the bankable feasibility.
Get those funds and CAP should be in a good position to get the ball rolling on production.
BTW I also like the new name, Carpentaria Resources. Carpentaria Exploration was great for an explorer, now it's time for the production phase to start.
As always on hotcopper, #DYOR
General thoughts - very positive. I bought in at the last rights...
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