CAP 6.00% 9.4¢ carpentaria resources ltd

a company with a market cap of 14 M wants to borrow $1 Billion...

  1. 1,899 Posts.
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    a company with a market cap of 14 M wants to borrow $1 Billion what are u guys smoking?

    Directors get paid for giving u all hope the cash burn is apppox 1.2 million a year to write this hope.

    by Xmas the money runs out and shareholders will be handing over more money for more hope.

    happy directors sad shareholders.

    Disclaimer : when the company has a value of only 14 M its worth less than some houses in Vaucluse it does have the potential to be worth $30 to $40 M and no one will be any the wiser.
 
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Currently unlisted public company.

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