Australia's largest stock trading and investment forum Australia's #1 stock forum

CTM

Click for more information

0.98%

50.5¢ centaurus metals limited

Ann: Maiden Drill Program Underway at Serra Misteriosa, page-273

First 273 Last

Share
Profile

Follow
Messiah

520 Posts.

298

21/06/17

10:50

Post #: 25400022
Share

Originally posted by binwood ↑

Well given the announcement said past data includes airborne magnetics and grav surveys unless they were done poorly that gives us a good amount of data and may not need to be redone.

You have assigned 6 months for review data, do surveys and assign targets. I would think that can be compressed into at least half that time. Given we will primarily be looking for copper at Salobo I would have thought you would identify almost as much from airborne mags and grav surveys as any trenching. Maybe take some rock chips from where the highest signature strength is. Wouldn't have given that a 3 month window either.

I think cash and permits will be the slowest factor. If they are motivated they should be able to make good progress.

"Access is non-existant" . It is in the middle of a massive mining district. If they can truck tonnes and tonnes of material out of there I am sure they can drive a drill rig in. Come on

Expand

Fair enough, I still think that's optimistic. Did you see the satellite, there are no roads in that I can see..

Last ann stated airborne is underway, hopefully an update to come in the next ann for Serra..

CTM Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

MXR

Maximus jumps 7% as it unveils latest gold drill hits at Eagles Nest; grades up to 15g/t

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

PCK

PainChek close to finding out if FDA approves its flagship app for use in dementia care

There are more pages in this discussion • 39 more messages in this thread...

First 273 Last

Add CTM (ASX) to my watchlist

(20min delay)
Last 50.5¢		Change -0.005(0.98%)		Mkt cap ! $245.8M

Open	High	Low	Value	Volume
50.0¢	51.0¢	49.0¢	$446.5K	897.5K

Buyers (Bids)

No.	Vol.	Price($)
7	18726	50.5¢

Sellers (Offers)

Price($)	Vol.	No.
51.0¢	119324	13

View Market Depth

No.	Vol.	Price($)
6	18823	0.505
4	40477	0.500
2	23494	0.490
2	23049	0.480
1	3000	0.475

Price($)	Vol.	No.
0.510	119324	13
0.515	14000	1
0.520	35960	5
0.525	2000	1
0.530	10000	2

Last trade - 11.43am 02/10/2024 (20 minute delay)

CTM (ASX) Chart

SPONSORED BY