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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

Post by nozzpackon May 12, 2022 1:54pm
90 Views
Post# 34678602

2021 Financials are released

2021 Financials are releasedA quick review shows, with inclusion of the Kub East assets finalized in early 2022, that we have $8.1 million US in cash  which converts to $10,3 million CAD .

Plus $9.9 million US in Reserves which converts to $12.5 million CAD for a total net asset value of $22.8 million in CAD.

That is about 7 cents per share , right in the middle of the 6 cents to 8 cents range estimated in posts here.

We shall see when Q1 reports, but we had $1.78 million write down on office assets arising out of the Russian conflict.
It would be my assumption that this would be recoverable via insurance or compensation by Aid..
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