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CARPENTARIA RESOURCES LTD (ASX:CAP) - High Grade Ore, page-19 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
CAP
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2.27% 4.3¢ carpentaria resources ltd

High Grade Ore, page-19

  1. frader
    1,246 Posts.
    lightbulb Created with Sketch. 21
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    01/05/17
    13:33
    Post #: 24381699
    Thinking about this project more, I am still struggling to see how this will get off the ground?

    US$1.4-$2.0billion needed in Capex... What sort of deal would CAP be looking for? How will they secure funding? I mean, if the funding of $1.4billion was there, wouldnt they add another $50mil and buy CAP out and then fund it having 64%?

    What are the thoughts here?

    No doubt this is a great project however, this is way too big for CAP to handle. I would say sell the rights for $XXX and seek a royalty. Seems the most logical.
    CAP Price at posting: 6.0¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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