Welcome back, great to see you posting!
While there are a lot of complainers here I don't think most have any idea how difficult it is to raise $ in the current environment. Money is no longer cheap, the fact CTM managed to raise $47M so easily is a real positive, as is the fact there is no SPP to keep us down for 2 months. I'm thankful they didn't offer freebie options, which is what many other companies have been doing recently along with a discounted raise. Let's see how the new register looks and which Top 20 shareholders supported the raise.
As a shareholder, do I want a company I'm heavily invested in to stop drilling and growing the resource due to lack of $? Hell No.
Drilling isn't free, and the fact CTM holds the largest undeveloped nickel sulphide resource outside of a major is why I am invested here. That hasn't changed overnight, right?
CTM is now cashed up and has a very strong 12 months ahead, and I plan to enjoy the ride from here as I'm confident it'll be a very positive one.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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3 | 7924 | 39.5¢ |
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2 | 85466 | 0.390 |
1 | 44198 | 0.385 |
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Price($) | Vol. | No. |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
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