CAP 6.00% 9.4¢ carpentaria resources ltd

Mid year sale!, page-15

  1. 808 Posts.
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    Hi mate

    The May investor link below if you listen between 22 mins and 23 mins in, just before the 23 min mark they mention that shareholders will end up owning 25% to 30% of the project.

    They also don't own 100%, they own 69.8% in the recent quarterly as they just spent $950k increasing this only marginally. Pure Metals owns the rest.
    Therefore our 70% now would become 25% to 30% when we sell down to fund our equity requirement for project financing and development.

    https://carpentariaresources.investorportal.com.au/investor-centre/
 
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