daytrades april 20 afternoon, page-138

CAP: todays action is awesome but if i can borrow youngtraders post just after the announcement, a good rise cant be totally unexpected.

"CAP 68m shares 22m 30c options

This $81M deal represents a staged injection of cash to Carpentaria of $53M plus $28M for exploration costs

Australian and Asian investor-backed BMG to make an initial $5m cash payment and a further $8.0m to fund exploration and resource definition staged over 3 months with future staged cash and other payments of up to $68 million to Carpentaria


So the intial cash payment is $53m = 80c share

Other cash payments up to $68m = $1 share"