CVV caravel minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

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    Getting to the pointy end of available cash but the discipline in managing what has been available has been apparent. No "unnecessary" drilling or exploration being a major one that has been the case since the last drilling was done some 18 months or more ago.

    Almost a race to get all the pieces in place before funds run out and a CR or(?) is needed??

    The or (?) is probably covered in the
    Discussions continued with groups suitably aligned to fund the progression of the Feasibility Study.

    While not likely to be high on the list of near development Cu ++ projects Caravel does offer a project of significant scale and longevity in an area with excellent infrastructure and low sovereign risk IMO. As such do the work and DFS and "they will come" to paraphrase a movie.
    Trading near long term base with a slight uptick recently......

    https://hotcopper.com.au/data/attachments/6959/6959509-0c2273afc0e3b55bf00c97b5acc96398.jpg
 
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