CAP 2.27% 4.3¢ carpentaria resources ltd

Ann: CAP Board and Management Changes September 2015, page-3

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  1. 2,000 Posts.
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    CAP are a monumental joke and current shareholders should turn and run as fast as they can. They have pinned their hopes on a commodity (IO) that will not achieve a price anywhere like they need to be profitable, in a sector (magnetite) that will remain a boutique market, with a project that no-one in their right mind will finance for probably the next 2 to 5 decades.

    CAP's presentations are still stuck in the pre-2008: trying to justify their project by hitching on to a long departed bandwagon!

    On top of that, CAP has, or is in the process of discarding any and all exploration ground in other commodities that might have given them a reason to exist!

    This company is all about sustain a job for themselves, at shareholder's expense.

    Run, run while you at least still have the tax losses to use elsewhere!
 
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Currently unlisted public company.

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