CVV 6.25% 17.0¢ caravel minerals limited

The upfront capital requirements of the project as it is would...

  1. 63 Posts.
    lightbulb Created with Sketch. 11
    The upfront capital requirements of the project as it is would be a huge hurdle.

    The 7% discount rate is a bit cheeky in the current climate too.

    I’m hoping that a major could see cost advantages to bringing this project under their wing delivering a bigger NPV, and thereby see shareholders realise an eventual gain through a sale.

    J
 
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