CAP 6.00% 9.4¢ carpentaria resources ltd

WORLD'S BEST UNDEVELOPED IO PROJECT, page-232

  1. 1,601 Posts.
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    g’day Tran.
    love you work and your great enthusiasm.
    However, I must say your view we will move towards 2 bill mkt cap in the next few quarters isn’t going to happen. Even 4 quarters/1 year from now, we’re still well short of production. No way we even get close to $1 billion before we’ve been in production at/above forecast for a few quarters.
    yes, we will get to some multiple of current mkt cap as we go. Just not 12-25x current
    I’ve looked at other large scale ones like CIA; NONE I looked at went anywhere near $1B mkt cap until we’ll into production.
    I’d love to be proven wrong as I hold plenty.
    cheers,
    ned.
 
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