I wonder if the market opinion on CAV's project results has sunk into the directors minds yet.
Parmegiana should have been put on the back burner months ago due to low grade and remote location, but directors want to keep spending money on it.
Maybe if they look at the market cap it might sink in now.
Or maybe not.
Someone called this the 'dream team'! More of a nightmare.
Anyway - they still have a few million in the bank for salaries before they need to start jumping ship. And if I could bet on the last, I might make some of my 96% losses back.
CAV Price at posting:
6.1¢ Sentiment: None Disclosure: Held
