CAP 2.27% 4.3¢ carpentaria resources ltd

Well put 5shareholder. I totally share your summary. I still...

  1. 1,942 Posts.
    Well put 5shareholder. I totally share your summary.
    I still haven't got over the non-executive directors free, no recourse share incentive package. I have never seen non-executive directors of any company remunerated so generously with shares/options.

    It's amazing this board and management sold 80% of FTB for a penny 3 years ago and now with a JORC months away they get approx. $4m upfront cannot see them holding the shares. GUF on the other hand is worth $500m

    Also the Indians are desperate for our thermal coal and I can see GUF selling this project like LNC did, within a year for what is likely to be 10-20x multiple equiv of what CAP achieved proportionately

    Abominable judgement


 
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