CVV 2.70% 19.0¢ caravel minerals limited

7.4c Valuation from State One, page-6

  1. 67 Posts.
    Warnie you beauty !! Thats exactly what I was thinking. Big announcements and research reports are usually followed by Capital raisings. Most research reports are half full of assumptions and disclaimers anyway.

    With $735k in the kitty at 30th June and approximately $1000k quarterly expenses; this one is only a few trading sessions away from another CR. I would prefer to wait for the euphoria to cool down a bit.

    Interesting company though. Decent projects underway.

    DYOR and all other usual disclaimers
 
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