CAP 2.27% 4.3¢ carpentaria resources ltd

Thanks Speculator. Although I fear that coming back in a year...

  1. 368 Posts.
    lightbulb Created with Sketch. 111
    Thanks Speculator. Although I fear that coming back in a year may be too late. I'd keep a closer eye on this one if you have any spare speculative cash.

    Yes, Capex is big, but so too is US$400M cashflow based on PFS assumptions which are comfortably below current iron ore prices for expected grade.

    I expect significant re-rate once BFS is 50% funded because if they get to 50%, the second 50% will come easy.
 
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.