Agreed with your sentiment that CTM should be significantly higher than where it is at right now. However I've seen many great announcements on other stocks be met with crickets lately so I'm not too phased. I'm very confident CTM will see positive growth over the next 6-12months.
In regards to the Salobo permit - I don't expect to see this come through for at least a couple of months yet. Looking at the last announcement it states:
"As a result of this very positive development, Centaurus will now recommence all activities associated with securing the licence – with the main activity being the completion of a vegetation inventory over the areas where clearing and the initial 30‐hole drill program is planned to be undertaken. The Company has engaged a local environmental consultancy firm to compile the vegetation inventory, with the survey expected to take 3‐4 weeks to complete."
Considering the next step of securing the license will take 3-4 weeks, I would guess that we may have the license in our hands by Christmas. And what a great present that would be.
I would appreciate others input on expected license timings.
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- Ann: Approval Received to Resume Licensing Process at Salobo West
Ann: Approval Received to Resume Licensing Process at Salobo West, page-72
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1 | 20000 | 0.355 |
1 | 54198 | 0.345 |
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4 | 33560 | 0.330 |
Price($) | Vol. | No. |
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0.390 | 9000 | 1 |
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