Capital Metals has advanced its high-grade Eastern Minerals Project in Sri Lanka to a point where it is ready, subject to funding, for construction. With minimal construction capital ($48m WHIe), the project would be generating cashflow within 12 months, and cashflow-positive 12 months hence. Amid growing demand and restricted supplies of zircon, titanium dioxide, and garnet, we believe the high-margin Eastern Minerals Project is eminently fundable and will generate high returns for shareholders ....
24 Oct 2022
Capital Metals (CMET) - Low-capex, high-margin mineral sands project in Sri Lanka primed for development
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Capital Metals (CMET) - Low-capex, high-margin mineral sands project in Sri Lanka primed for development
Capital Metals plc (CMET:LON) | 4.8 0 0.0% | Mkt Cap: 16.6m
- Published:
24 Oct 2022 -
Author:
Paul Smith | David Seers -
Pages:
21
Capital Metals has advanced its high-grade Eastern Minerals Project in Sri Lanka to a point where it is ready, subject to funding, for construction. With minimal construction capital ($48m WHIe), the project would be generating cashflow within 12 months, and cashflow-positive 12 months hence. Amid growing demand and restricted supplies of zircon, titanium dioxide, and garnet, we believe the high-margin Eastern Minerals Project is eminently fundable and will generate high returns for shareholders ....