CAP 2.27% 4.3¢ carpentaria resources ltd

It's not the resource, it's the boardroom that worries me., page-4

  1. 1,304 Posts.
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    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
 
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Currently unlisted public company.

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