Let's all cut the C and the BS and focus on the fundamentals...
Project funding, is so hard to come by for small miners would be producers, and we have already locked this in... The head man of the company is extremely confident about the 1 billion tonnes of ore by AUGUST, which is only about 3 months away... Mining is to start in around 2 weeks... It's all going to plan, the stupid resources tax that everybody is concerned about isn't going to come into effect until 2012!! Even then it probably won't be implemented in it's current form, there WILL be changes if it's to be implemented at all... The resources tax will have no impact on this project and on funding...
We all know why the share price has fallen today, it's fallen because the whole resources market has fallen over the last few days, hardly any companies have been spared!!
So lets just cut out the stupid posts and focus on what is important, and that is drilling will start in 2 weeks time and on our way to 1 billion tonne resource by August!!
The share price will follow positive announcements!
CAP Price at posting:
41.1¢ Sentiment: Buy Disclosure: Held
