CAP
Click for more information
2.27% 4.3¢ carpentaria resources ltd

I agree this looks like a high grade , high margin project in...

  1. firsova
    4,994 Posts.
    lightbulb Created with Sketch. 20
    clock Created with Sketch.
    16/03/17
    19:13
    Post #: 23411229
    I agree this looks like a high grade , high margin project in one of the greatest mining districts in Australian history.

    I can't see the company ever becoming the producer thinking this will get taken over well before the need for a large Capex.

    They may need a smaller CR in 12 months but it appears they have enough cash to get more drilling results to entice a partner looking for high grade pellets
    CAP Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS New drilling at the Rogozna Project delivers a standout intercept, highlighting significant resource expansion potential
right-arrow Created with Sketch.
NEWS $140,000 in grant funding has been secured for drilling at Golden Ridge, with preparations underway for two exciting prospects
right-arrow Created with Sketch.
NEWS Discover how gas production wells are progressing with successful drilling and promising early gas flows
right-arrow Created with Sketch.
NEWS Uncover the potential at the Storm Project, where exceptional RC drill results reveal 22.9m at 8.5% Cu, indicating significant resource expansion beyond the Cyclone Deposit
right-arrow Created with Sketch.
MKG Preliminary interpretation of Andover South reveals key NE-trending corridor hosting lithium mineralization
right-arrow Created with Sketch.
NEWS High-grade manganese found at the W2 prospect in Wandanya
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CAP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.