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10.9%

56.0¢ centaurus metals limited

Ann: Jaguar Roars to 1.20Mt of Contained Nickel Metal, page-10

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twouptom

26,967 Posts.

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07/08/24

15:09

Post #: 75110559
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Originally posted by Martyn50: ↑

I've held CTM for over 5 years when the South American deposit was at its very early stages. Riden the SP up to $1.60 and seen it drift back to 30c, holding all the time.
CTM is, in my opion in the sweet spot. Mine development starting in 2025 with first production in 2027. By then the low quality nickel coming from Indonesia will be nearly if not totally gone.

I can remember back in 1996 when commodity prices where at a big low. Couldn't give it away, be it IO, nickel, gold. I pumped money into resource funds and within a few years was laughing. Come the mid 2000's and the Chinese were screaming for anything that came out of the ground.
CTM is drilling into possible copper deposits that would top us up nicely should they come up with the goods.

As we know CTM is not into mining, but exploration company. So at what point is the Nickle assets sold of? Major mining companies in take overs buy in when the asset price and SP are at basement levels. Is that around now?
To me its just a matter of time before we get a trading halt for a take over.

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M50
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CTM Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
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Last 56.0¢		Change 0.055(10.9%)		Mkt cap ! $278.1M

Open	High	Low	Value	Volume
51.0¢	56.0¢	50.5¢	$257.7K	486.4K

Buyers (Bids)

No.	Vol.	Price($)
2	20000	55.0¢

Sellers (Offers)

Price($)	Vol.	No.
56.0¢	128051	1

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No.	Vol.	Price($)
2	20000	0.550
1	10000	0.545
1	1869	0.535
2	6417	0.530
1	9433	0.525

Price($)	Vol.	No.
0.560	128051	1
0.570	10000	1
0.575	10000	1
0.580	100000	1
0.590	9290	1

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