Thanks for the information and I hope both companies do well! Did Cap already complete a DFS? As Mgt’s DFS is 12 months away! I notice both companies are hoping to produce at the same time end of 2024 yet Cap seems to be ahead at the moment!
yes mgt has 4 times more shares on issue than cap yet have a larger resource and 100% owned and potentially could have backing by the south Australian government with their proposed budget.
How will Cap raise the money for the plant nearly 2 billion (that’s almost 30 times there current market cap) I know this funding is the most difficult step for both companies therefore I feel I little more comfortable in mgt raising the smaller amount as starting off slow.
thanks for the info
MGT Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
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