CVV 2.63% 18.5¢ caravel minerals limited

CVV mention in Far East Capital, page-6

  1. 3,040 Posts.
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    Consolidation in late 2015. 1B to 50m. 1:20 new to old.

    Now up to 300m SOI or so and will grow again later next year IMO as exploration and delineation drilling begin/continue. A farm-in or JV would change that speculation. Unlisted options 8c strike ~~$1.6M+- could also help.

    They have conserved cash well through quite a bit of drilling so far this year, in part, by issuing shares to Orbit and possibly a lean mean spending approach..
    Last edited by salpetie: 04/12/20
 
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