CRJ 0.00% 1.5¢ caravel energy limited

prospect phat

  1. 40 Posts.
    Been away for a while returnin to see CRJ stock down 30 cents since June. Am I right thinkin this mob had mineral covenants somewhere in the Roxby/Olympic Dam/Lake Torrens copper/gold/uranium formation and was plannin to prospect this year?

    20 years ago I worked on rigs around Lake Torrens/ Stewart Creek and under the calcites and opal, the ground is heavy, loaded with mineralisation of all sorts. Resource commodity prices then were RS but no longer so.

    Presently at about 10 cents it appears CRJ is PHAT. So what has gone wrong with the current share price? Is it poor management or can someone tell me what is causin the current situ? What am I missin as thinkin seriously about buyin in.
 
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