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2.82%

36.5¢ centaurus metals limited

Ann: Canaccord Genuity Global Mining Conference Presentation, page-33

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TwoFreshPlums

1,776 Posts.

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14/05/23

23:05

Post #: 67767886
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Originally posted by aussiepaul72: ↑

Hey guys. A lot of the disgruntled attitude toward CTM is just related to the stage the company is at in their growth. This is not unique to CTM, this is well reknowned to all companies that transition from exploration to production. That step is a major step and requires many studies relating to feasibility and best way to mine. Also many other logistics need to be worked out. Mining equipment, transport infrastructure & logistics, processing of ore, markets etc.

Plain and simply this all takes TIME! Unfortunately it is during this phase that the share price tends to go through a decline stage. It's usually not that the project is any less viable, just that shareholders tend to lose patience and sell. Once mining commences and a company starts earning an income the share price kicks up again to new highs.

It's amazing how many people on HC have no understanding of what it takes to move from initial resource discovery through to mining. It's a huge step and many things have to be checked off to make sure mining is viable and off take markets secured.

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dont patronise us

CHN which is on a similar timeline didnt get your memo

neither did GPR which turned into a basket case

CTM Price at posting: 74.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 36.5¢		Change 0.010(2.82%)		Mkt cap ! $181.1M

Open	High	Low	Value	Volume
35.5¢	37.0¢	35.0¢	$192.9K	530.0K

Buyers (Bids)

No.	Vol.	Price($)
1	46377	36.5¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	30000	1

View Market Depth

No.	Vol.	Price($)
1	46377	0.365
1	28470	0.340
1	8500	0.330
2	260085	0.325
1	2000	0.320

Price($)	Vol.	No.
0.375	30000	1
0.385	6110	1
0.390	38670	3
0.400	27602	2
0.410	20000	1

Last trade - 16.10pm 22/08/2024 (20 minute delay)

CTM (ASX) Chart

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