Not so sure about CAP. They propose slurry pipe to the railway...

Not so sure about CAP.
They propose slurry pipe to the railway line. Water comes from borefield just like IRD
IRD will stock 3 carrier shipments at their port, what will CAP do ? What is water depth at Port Pirie ? Will it take cape size carriers ?
What is the CAP grinding cost to 30 microns ? What is IRD grind size ?
My guess is that CAP are 3 years less advanced in drilling results to change classification from Resource to Reserves.
CAP have a group of 10 investors interested. It will be like herding cats.
IRD has proved it is hard enough partnering one investor.