Australia's largest stock trading and investment forum Australia's #1 stock forum

CAP

Click for more information

6.00%

9.4¢ carpentaria resources ltd

Stay the distance with this one Tran, truly the best economics...

First 106 Last

Share
Profile

Follow
Boom$Boom

985 Posts.

192

21/05/21

07:27

Post #: 53320148
Share

Originally posted by Tran: ↑

I have NEVER ever seen any such undervalued stock on ASX in my 23 years of investment.

A company with NPV of $2.1billion dollars when iron ore 65% Fe was at USD $85.40/ton and now it is USD $250-$260/ton which the new executive manager said in the latest interview 4 weeks ago that at current iron price its NPV would be $7.2billion dollars and its current market cap is only $60mil.

People are fighting at 12.5c right now but in a few months time they would be fighting over 50c.

It is ridiculous.

Any other iron ore stock has what CAP has and is close to BFS like CAP would easily be a $500mil MC.

Expand

Stay the distance with this one Tran, truly the best economics around

CAP Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 26 more messages in this thread...

First 106 Last

Add CAP (ASX) to my watchlist

SPONSORED BY