CAP 6.00% 9.4¢ carpentaria resources ltd

@kh1961 - Grades, production process and end product are similar...

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    @kh1961 - Grades, production process and end product are similar (yes there are differences, but not that material). However, CAP has a large oval (ish) resource whereas MGT is long and narrow and srpead across a number of deposits. CAP would bulk mine MGT are saying they would selective mine. I have done other posts comparing CAP and MGT resource that have a bit more detail.

    In terms of infrastructure, both MGT and CAP would have access to the same rail/port options. MGT distance would depend on which deposit they mine. However CAP is close to Broken Hill therefore labour force based there rather than travel in/out. Also importantly, CAP has identified a water source and access to grid power. I can't remember reading that MGT has water and power options confirmed (anyone else?).


 
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