CTM 1.27% 40.0¢ centaurus metals limited

Unlocking iron ore value ... soon, surely, page-14

  1. 12,830 Posts.
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    Ya - and plenty of ' Opportunity ' for those astute enough to see what's potentially going on here.

    And I'm sure our esteemed Management is acutely aware of the probabilities in being able to make the souffle rise twice. For those handy int he kitchen , the trick with a souffle is generally keeping it fluffy and rising to an acceptable level without letting it or allowing it to fall. I am speaking in reference of course to the CTMOB's which are expiring 31st Aug 2019.

    I don't think Management will be able to rely on this eventuating in the same manner as it did this past year. In the balance of probabilities this will not occur twice in the exact same manner. This would be highly unlikely IMO.

    So we are left with the obvious fact that Management has to get a move along or there will definitely be a need for a Cap Raise again in the 1st QTR of next year - THAT is if these tenements are indeed as good as we all reckon they are. There is of course the possibility we jettison the Iron Ore interests to minimize the dilution of a CR and at the same time set in motion the OB's. This would be one of a number of favorable outcomes. There are others as well.

    However , a lot of this has to happen this side of Xmas in order to capitalize on the DOW hitting a new high of 30,000. If we don't take advantage of this and our BOD knows full well ; then and only then will I be calling a massive ' Lost Opportunity '

    Hang tight folk's as ' Opportunities ' don't come along at these prices to often with .005 being the absolute floor IMO. Just watch the Buy side if or when it hits this figure and you will see what I mean..... .......GLTAH
 
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40.0¢
Change
0.005(1.27%)
Mkt cap ! $198.4M
Open High Low Value Volume
39.5¢ 40.0¢ 37.5¢ $245.5K 635.1K

Buyers (Bids)

No. Vol. Price($)
1 10000 38.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 18741 1
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
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