CRJ 0.00% 1.5¢ caravel energy limited

serious purchase, page-3

  1. 2,202 Posts.
    lightbulb Created with Sketch. 4
    Hmmm 12-14 let's be realistic

    10c the fully diluted markets cap is $60m
    So what announcement could possibly do that?

    Well we know it's cum issue so let's say Ann 1 is a placement at a premiu
    Positive but not major

    Let's say announcement two is regarding their sa tenaments, well a corporate transaction possibly, jv, results of neighbors . Unless there are drill results we don't know about???

    I can't see the combination of these two adding $40m in value. The o&g project well they need to work on that

    Anyway good luck with your 12-14
 
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