High Grade Ore, page-17

Well with IO continuing on this path makes the mine more and more likely to come online and obviously increases the chances of finding a partner.

They have a similar product to GRR (Disclosure: held) and GRR have been making ridiculous margins with a much higher cost base than projected by CAP. I have NO doubt the mine will be highly peofitable, just the capex is the issue.

I have decided to start taking a position in CAP and take the punt that a partner will be found and looking to get in before the PFS. Looking forward to changing my disclosure to held!