CAP 2.27% 4.3¢ carpentaria resources ltd

hi 5h,i have no doubt you are an ethical poster & are doing your...

  1. 1,960 Posts.
    hi 5h,

    i have no doubt you are an ethical poster & are doing your best for shareholders on this thread. its certainly not your fault the company is struggling at present.

    the market is very, very fickle. doesnt like kicking into the breeze at all unless its a GUF and the price is controlled by very strong hands.

    things can change very, very quickly but i think the capex is going to be CAP's biggest problem now. doesnt take rocket science to work that out i know but $2.8 billion is nothing to sneeze at when you have got fools running the country that seem to be wanting to deter foreign investment.

    traders im speaking with on a daily basis seem to be thinking that steel demand is softening also? a very disappointing year thus far for CAP given what we all expected last xmas. back then i thought we were home & hosed on this one....now my thinking has turned virtually 180 degrees.
 
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