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

Alternate Symbol(s):  TPNEF

Carcetti Capital Corp. is a Canada-based company. The Company is focused on seeking a new business opportunity.

TSXV:CART.H - Post Discussion

View:
Post by ITrade on Jun 04, 2020 10:51am

Cub

2 Jenbacher gas power generation engines are order that should convert the natural gas produced from the RK field. Revenue to start in early 2021. No mention on how it will hit the bottom line.
Comment by Thedondom on Jun 04, 2020 11:33am
Company had $6.2 million USD in cash as per the end of March. When you deduct the cost of the engines, there's still a few cents a share just in cash value. The RK field has had no value since 2016 and adding it as a producing asset will change the dynamics of the company, plus diversify KUB as a utility play. After that, add in the 2 free JV west wells still to drill, and we know they'll ...more  
Comment by TheGoldFather on Jun 05, 2020 1:13pm
I notice that it's Many different people/houses buying KUB. This isn't just a quick acquisition from 1 or 2 houses; Everyone is obviously starting to catch on now.
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