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CARPENTARIA RESOURCES LTD (ASX:CAP) - the end of the bmg handrake, 11726703, page-3 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
CAP
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2.27% 4.3¢ carpentaria resources ltd

UpdateCAP have just announced that a new JV with Pure Metals was...

  1. mark221
    36 Posts.
    clock Created with Sketch.
    06/05/13
    10:59
    Post #: 11726703
    Update


    CAP have just announced that a new JV with Pure Metals was signed?

    However it is not exactly the same terms as shareholders were lead to believe from the previous announcements. Pure Metal have be given one year to pay the $5m for a new JV.

    So it does not look likely that the BFS is going to be completed in the shortest possible time as far as the funding commitments go and realistic plans to commence mining must be pushed back to somewhere near the end of this decade.

    A long wait for most shareholders.
    CAP Price at posting: 21.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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