Capital Limited

CAPD · Main Market · Basic Resources · mcap £275m · 117.5p 1 open situation →

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2026 Reko Diq mining ramp-up 1 director buying 2 directors buying

Open · 1

Project milestones

Reko Diq mining ramp-up

Performing in line with contract; Barrick review continues

Reko Diq mining began with both fleets double shifting, but Barrick slowed development from January 2026 and on 2 April 2026 said it will review the project until mid-2027. On 20 Aug 2026 Capital said operations were in line with contract. The 15 Oct Q3 update repeats this and says more equipment is en route, due in Q4.

Barrick action: Slowed development; review to mid-2027; reduced capital spend (2 April 2026) 15 Oct 2026 ↗
Capital position: Operations in line with contract; key contractor supporting development 15 Oct 2026 ↗
Next milestone: Additional equipment en route to Reko Diq, expected Q4 2026 15 Oct 2026 ↗

Next: Additional equipment arrives at Reko Diq in Q4 2026

15 Oct 2026 Performing in line with contract; Barrick review continues
20 Aug 2026 Slowed by Barrick; Capital supporting
16 Jul 2026 Slowed development; Capital's site position unchanged
21 Apr 2026 Both fleets double shifting; Barrick slowing development

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Closed · 2

Insider conviction1 director buying £59k in 1 buy · 8 Jun 2026 – 6 Sep 2026 −1% Insider conviction2 directors buying £79k in 2 buys · 3 Apr 2025 – 3 Jul 2025 +64%

Company filings. Not investment advice.