News: CAP Carpentaria Exploration raises stake in Hawsons Iron Project to 66.5 pct, page-8

a company with a market cap of 14 M wants to borrow $1 Billion what are u guys smoking?

Directors get paid for giving u all hope the cash burn is apppox 1.2 million a year to write this hope.

by Xmas the money runs out and shareholders will be handing over more money for more hope.

happy directors sad shareholders.

Disclaimer : when the company has a value of only 14 M its worth less than some houses in Vaucluse it does have the potential to be worth $30 to $40 M and no one will be any the wiser.