CAP should seize this opportunity and take back 100% of the Hawsons JV.
The market is improving at the moment, CAP can raise additional funds more easily at this time.
It seems that Pure Metals, Silvergate and or ASI group seem to be short of cash and perhaps they could not take up a rights issue fully therefore possibly diluting Silvergate who have been less than a model shareholders.
Shareholders should ask CAP management to seize the moment and get rid of the BMG experience forever.
CAP Price at posting:
17.3¢ Sentiment: None Disclosure: Not Held
