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Bullboard - Stock Discussion Forum Carcetti Capital Corp V.CART.H

Alternate Symbol(s):  TPNEF

Energy Oil & Gas E&P
Carcetti Capital Corp. is a Canada-based company. The Company is focused on seeking a new business opportunity.

TSXV:CART.H - Post Discussion

Carcetti Capital Corp > More info in MD&A
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Post by loubastone on Nov 20, 2019 10:39am

More info in MD&A

The company technically lost $400 k in that Q, but earned about $1.4 mil in comprehensive income. This was because of the Ukrainian currency going up and should continue to go up with risk of Russian rebels subsiding. Also keep in mind the expenses this quarter were also up because of the work being done on the NRU front and the cost associated with the recompletion of well 0-18, which resulted in 30% increase.
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