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6.00% 9.4¢ carpentaria resources ltd

I suppose if we have to pay back the $13m it is like an interest...

  1. Boofy
    4,045 Posts.
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    01/03/12
    10:47
    Post #: 9775780
    I suppose if we have to pay back the $13m it is like an interest free loan, and the money allowed Nick to complete the PFS which gives the project greater value, so a pretty good deal to regain 100% of a now higher valued project and pay nothing for it. But I will be extremely surprised if ASI doesn't take up the JV directly.
    CAP Price at posting: 38.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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