CAP
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6.00% 9.4¢ carpentaria resources ltd

It would be a great deal for Conglin Yue if he take over CAP at...

  1. 8horse
    34,336 Posts.
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    05/05/10
    13:16
    Post #: 6658567
    It would be a great deal for Conglin Yue if he take over CAP at current level.
    He could only spend around another $23m to fully control the company in the potential return of $81m cash (28m will spend on exploring) plus a number of other projects. Definitely it is on the cards.
    CAP Price at posting: 41.6¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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