CARAVEL MINERALS (CVV) Shares
ABOUT CARAVEL MINERALS
Caravel Minerals Limited is a copper exploration and development company focused on a new porphyry copper district discovered in a previously unexplored part of Western Australia’s Central Wheatbelt. The company’s Copper Project is located 120 km outside of Perth, between the towns of Calingiri and Wongan Hills.
The project area is located on cleared agricultural freehold land and is well connected to existing infrastructure including interconnected power, roads and highways, regional service towns and a range of export ports. The company’s copper deposits form part of a regional porphyry style copper-molybdenum-gold mineralized belt discovered in a previously unexplored part of the Yilgarn Craton.
OVERVIEW OF CARAVEL MINERALS
Caravel Minerals Limited’s portfolio is largely focused on developing the abovementioned copper project, which is positioned close to key established infrastructure including roads, ports, power and service centre towns. Combined with its potential scale as a long-life producer of copper, the copper project is emerging as a highly executable project for development.
The project’s Western Australian location also offers the strong potential for investment returns derived from low jurisdiction risk and market significance. In 2019 the company completed a comprehensive scoping study feasibility work program, advancing the project towards completion of a Pre-feasibility Study. The program delivered a 32% resource increase, scenario-based mining and mine optimization studies, highly favourable assessments of metallurgical recovery and concentrate quality.
The company continues to progress feasibility studies to create further value in the Caravel Copper Project as a long-life, low-cost copper operation able to generate substantial value for all its stakeholders. Excellent resource growth potential exists within the company’s exploration acreage, with 9 exploration licences covering 379 square kilometers of a porphyry copper mineralized corridor.
VISION & VALUES OF CARAVEL MINERALS
Caravel Minerals Limited places a high priority on being a valued member of the communities in which it operates.
To this end, the company’s pre-feasibility study phase will investigate how the proposed mining project can be planned and operated most compatibly with the surrounding environment, agricultural activities and bring benefits to the nearby towns and communities through improved services and other opportunities.
MARKET PERFORMANCE OF CARAVEL MINERALS
Caravel Minerals Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –CVV.
Data from the company’s 2019 financial analysis shows that the company raised a total of US Dollar 2.73 million (after costs) by the issue of 63.7m shares, increasing the number of shares on issue from 120.6m to 184.3m.
The net loss for the year was US Dollar 3.2 million and at 30 June 2019, the company had net current assets of US Dollar 0.44 million. Subsequent to year end, the company raised US Dollar 53 million by the issue of 13,252,896 shares in a pro rata rights issue to fund the ongoing work of its programme. The company announced the 32% increase in Mineral Resources to 1.86Mt of contained copper (at 0.15% cut off), which became the basis of the high-quality Scoping Study work reported in May.
Further analysis has also demonstrated very low impurities which would make the company’s product highly marketable to copper smelters, particularly with tighter environmental regulations and/or those that require blending to treat complex concentrates.
These positive findings in a region with a history of underexploited deposits set the company in good stead to gather returns going forward, providing a rising share price for investors with good long-term growth in dividends, and securing a solid buy-in for those who choose to purchase shares today.
Buy CARAVEL MINERALS stocks / shares – A Step by Step Guide how to Buy / Purchase CARAVEL MINERALS Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CARAVEL MINERALS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CARAVEL MINERALS STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CARAVEL MINERALS STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CARAVEL MINERALS stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CARAVEL MINERALS stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?