CTM 6.25% 51.0¢ centaurus metals limited

Ann: Canaccord Genuity Global Mining Conference Presentation, page-29

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  1. 1,776 Posts.
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    "an excellent job at value creation"
    mr market certainly doesn't agree with you with ctm currently in a downward trend. you do realise that jag was handed to ctm on a silver platter back in 2019 with a known 92Mt @ 0.65% Ni resource (Oliveira, 2017). also, since jag was handed to ctm, its raised a total of $110 million. current market cap is $316 million

    "will bring a mine into production in under 10 years"
    how do you know this will happen? do you guarantee it? what mr market has seen is ctm's growing track record of failing to meet self-imposed milestones

    "...the study will reveal all in time"
    it will but i think the upcoming voting at the agm and next capital raising will reveal more than a dfs document can imho. given the current ctm price, all the instos that continue to hold stock from participating in the last capital raising at $1.16 have been burnt. how will those burnt instos vote? will the next capital raising be at a discount (to an already weak price)?
 
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