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Carcetti Capital Corp V.CART.H

Alternate Symbol(s):  TPNEF

Carcetti Capital Corp. is a Canada-based company. The Company operates through the oil and gas industry segment. It is focused on seeking a new business opportunity.


TSXV:CART.H - Post by User

Bullboard Posts
Post by Razerratoron Nov 28, 2018 8:33pm
152 Views
Post# 29037026

Results

Results Am I the only one who thinks 2.5 million in Net Income over 9 months for a company with a market capitalization of 10 million is incredible?
I understand the significant polital risks however they've recompleted 2 wells and are expecting the NRU unit soon along with potential compensation for the delays.
Correct me if I'm wrong but I believe the languin the MD&A notes also changed from ongoing concern about operations to ongoing concern about an exploration budget. 
Overall, I'm happy with these results and look forward to F19. 

Still very speculative so understand the risks
Bullboard Posts