CVV 6.45% 16.5¢ caravel minerals limited

Caravel Copper Project - Bankable Feasibility Study, page-95

  1. 76 Posts.
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    @Quest09

    I love your enthusiasm, and I agree that it's severely undervalued.
    I don't think comparisons should be drawn between Khoemacau and Caravel, purely because the assets are at very different stages.

    Khoemacau, is operating, and risks associated with financing, permitting and a lot of operation risks have been accounted for. It's generating revenue.
    Caravel has all this to deal with and will be hemorrhaging cash until it starts producing probably 2-4 years.
    I a massive fan of this opportunity, the ride is going to be bumpy so buckle up and don't be disheartened when the stock price drops by 20%, this won't be the last time it happens.

    https://hotcopper.com.au/data/attachments/5599/5599478-a4844c9e96d4b6bf1561477378941d35.jpg

 
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