CAP 2.27% 4.3¢ carpentaria resources ltd

re: News: Carpentaria Exploration 2011 AGM pr... Great post...

  1. 3,937 Posts.
    re: News: Carpentaria Exploration 2011 AGM pr... Great post speculator101, and just to add something Nick didn't mention, during the GFC they could have eased up on exploration, conserved capital and just paid themselves as normal, instead however they decided to keep exploring and during this time none of the directors got paid for about 8? months.

    Which impressed me a great deal, it shows that they are very serious about growing this company, so serious in fact that they all agreed to cop it in the neck personally, instead of draining CAP of it's cash. They started CAP with $7? Million and so far haven't had a capital raising.

    Agree - wish I could find more companies with management like CAP. In my bottom drawer for now, but with so few shares on offer CAP will run quickly on good news.

    PS the ? are because my memory isn't what it once was :)

    Best of luck holders.
 
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