it's not a bad thing Capricorn is shut down...
eliminate uncertainties
clean the deck for the new CEO
what worse can happen now? we can focus on golden grove now
the new CEO i, reading his background , is an operation guy which is what 29m needs
does golden grove worth 300m in current copper market ? I would say yes
putting pressure on qld government to approve more permanent solutions
well, balance sheet is an issue , but with Capricorn out of the way .. golden grove cash burn is not that bad ... if copper stays up , it will make money...
again risk rewards again look good
Ann: Capricorn Copper - Suspension of Operations, page-48
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42.0¢ |
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Mkt cap ! $294.7M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 8 | 335976 | 41.0¢ |
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|---|---|---|
| 42.5¢ | 120751 | 6 |
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