I consider CAP to be a speculative stock. Usually with a speculative stock with all the positive news, the share proce goes up.
From their constant update on test results and everything else, I believe CAP has good prospect. What I am looking for are:
- How much money need to be spent to go into production
- How much money need to be spent to set up rail and transport facilities
I struggle to understand if this company has such a great prospect then why it is struggling to find partners? Why a bigger player such a AGO, FMG come and offer to buy this company?
IMHO
CAP Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held