Until BMG reveals its true intentions and displays to the market it has the potential to fund or procure funding for a project that has a capex of $1 billion plus I think a re-rating even lower will occur.
I was very bullish on CAP'S potential 6 - 12 months ago but BMG failed to prove to me that it could potentially bring this project into reality. I subsequently sold my entitre holding at 85 - 90 cents.
I believe certain posters on the CAP thread are failing to see the enormity of the challenges ahead.
CAP Price at posting:
38.6¢ Sentiment: Hold Disclosure: Not Held