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Carpentaria Resources

 

Buy Carpenteria Resources shares

CARPENTARIA RESOURCES (CAP) Shares

ABOUT CARPENTARIA RESOURCES

Carpentaria Resources Limited is an iron ore exploration company, with a portfolio that is defined largely by its majority interest in the Hawsons Iron Project, in addition to other magnetite interests in the emerging Braemar Iron Province.

At a time when the global quality of iron ore is declining, the company differentiates itself by producing the world’s best iron ore products, consequently attracting support from the world’s leading steelmakers and traders.

A pre-feasibility study at the company’s Hawsons Iron Project has shown that the site is capable of producing the world’s highest-grade iron product (70% Fe), making it the world’s leading undeveloped high-quality iron ore concentrate and pellet feed project.

Independent experts have also outlined competitive costs for the project within the first quartile of the global iron ore cost curve, aided by the project’s uniquely soft ore.

OVERVIEW OF CARPENTARIA RESOURCES

  • Carpentaria Resources’ project portfolio consists of the Hawsons Iron Project, the South Dam Project, the Central Lachlan Gold Project, and the Temora/Barellan JV Project.

  • Hawsons Iron is the company’s flagship project, which, due the successful pre-feasibility study as mentioned above, has seen a series of global blue-chip companies lined up to secure the Hawsons Supergrade product, which at 70% Fe offers the highest iron content available on the seaborne market.

  • Importantly, the project is located just 60 kilometres south-west of the Silver City with access to existing infrastructure in terms of rail, road, port, power and water capable of sustaining initial planned production of 10 million tonnes per annum, supported by the town of Broken Hill’s highly skilled mining workforce.

  • Elsewhere, the company’s South Dam Project is located some 200 km north-northeast of Adelaide, along the highly prospective Braemar Iron Formation, which hosts the company’s Hawsons Iron Project in New South Wales.

  • The company’s Central Lachlan Gold Project consists of intrusion-related gold systems (IRGS) and orogenic gold systems (OGS). Specifically, target mineralization styles are pipe- or sheet-like gold and base metal deposits located in the margins or roof zones of buried granites and orogenic sulphide fault replacement gold lodes.

  • The company is also advancing its Barellan and Combaning New South Wales gold projects under a joint venture agreement with Cape Clear (Lachlan) Pty Ltd. This joint venture allows highly prospective targets to be tested at no extra cost to shareholders. Importantly, it also allows the company to continue the focus on its highest value Hawsons Iron project

VISION & VALUES OF CARPENTARIA RESOURCES

  • Carpentaria Resources has strong values pertaining to community liaison, whereby it is determined to ensure that the welfare of the communities in which it operates is taken into the highest regard.

  • To this end, the company maintains open discourse with all its stakeholders, while ensuring that the community upliftment of the Broken Hill mining town is secured through long-term employment, and by aligning itself with projects for the benefit of this community.

MARKET PERFORMANCE OF CARPENTERIA RESOURCES

  • Carpentaria Resources Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –CAP.

  • Data from the company’s 2018 financial analysis shows its cash position decreased from the previous year by US Dollar 314, 993, after providing for income tax, while its total loss of US Dollar 1.1 million was also slightly higher than the previous year.

  • This slight dip in the company’s financial performance is largely related to the ongoing expansion of its flagship Hawsons Iron Project, and an increase in employment costs. This project, with its highly prospective and under-explored history, has already secured strong market demand, with a number of global blue-chip company’s preparing to purchase this increasingly rare high-quality iron ore in 2019 and beyond.

  • This particularly strong position sets 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 CARPENTARIA RESOURCES stocks / shares – A Step by Step Guide how to Buy / Purchase CARPENTARIA RESOURCES 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 CARPENTARIA RESOURCES 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 CARPENTARIA RESOURCES 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 CARPENTARIA RESOURCES 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 CARPENTARIA RESOURCES stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CARPENTARIA RESOURCES stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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