I don't think your "best case" scenario is accurate.
PARTNERSHIPS Advance discussions with various parties on establishing exploration partnerships at the BeasleyCreek (gold and lithium), Success Dome (base metals, gold) and Polelle and Wanganui (gold)project
Particular technical attention is being directed towards the Kpali, Bundi and Kandia gold discoveriesand generally the evaluation of options that will see exploration at these appropriately funded. Aspreviously flagged, this may include a sale with a retained interest, farm-outs or an IPO/RTO on ASX.
*Clearly the above options would be the "best case" scenario and the ones the company is currently working towards. They also have a lot of experience in these areas.
This will provide ample funding for intensive exploration programs without any further dilution to shareholders. - including
Castle’s Earaheedy project comprises three sub-projects: Withnell, Terra Rossa and Tablelands. Thegeology, prospectivity and strategic value of these areas are analogous to and closely associated withthe nearby Rumble Resources Limited’s (ASX: RTR)(“Rumble”) provincial-scale Earaheedy basemetals discovery. Rumble recently announced a maiden JORC CODE (2012) MRE comprising 94Mtgrading 3.1% zinc + lead, and 4.1g/t Silver (2% Zn+Pb cut-off)(Refer ASX: RTR 19 April 2023). Several targets have been delineated for drilling. Priorities are being assessed on the basis oftechnical merit and ease of access as relates to the securing of land access and explorationagreements with the relevant Native Title parties and the costs, timing and logistics of undertakingheritage surveys.
the way I see it.. the world has just come out of one of the biggest global shutdowns it has ever experienced.. financially things look terrible from the government's actions and countries May slip into recession.. the best way for countries to fight there way out of recession is to implement massive infrastructure programs (most major countries have already announced huge financing packages in this area) all these things should lead to a sharp increase in commodities and pricing.
I'm betting undervalued companies like CDT with multiple commodities will attract a lot of attention in this environment.
Changing Sentiment back to Buy as I think we have hit bottom here.
- Forums
- ASX - By Stock
- CDT
- CDT Chart
CDT Chart, page-3624
-
- There are more pages in this discussion • 160 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CDT (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.983M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 232000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 557730 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 232000 | 0.005 |
4 | 6910000 | 0.004 |
31 | 21085070 | 0.003 |
13 | 13651675 | 0.002 |
10 | 24285050 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 557730 | 2 |
0.004 | 1900888 | 3 |
0.005 | 7706354 | 12 |
0.006 | 2884595 | 6 |
0.007 | 2452362 | 7 |
Last trade - 09.54am 22/08/2024 (20 minute delay) ? |
Featured News
CDT (ASX) Chart |
Day chart unavailable