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CST castile resources ltd

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Investment case for CST, page-162

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Charterrierist

6,029 Posts.

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23/08/20

15:34

Post #: 46749152
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Originally posted by Rod_ ↑

Thanks Hoosh, if Westgold treated the project as a non-core asset it makes sense to offload it in the current gold climate.
Peter Cook is impressive, and putting so much of his own skin in the game is one of the most attractive parts to investing in this, along with the gold/copper/silver triple play.
The depth is a bit of a negative, but the triple play offsets this for me. Hopefully an end play of being taken over, They need to increase the resource by a fair bit, but with the team in place I am more confident in this company doing it than others on the market.
I will get in sometime over the next couple of weeks, hopefully I can get in under 30c!

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Also to add to the reasons previously provided, Mark Hepburn said in the preso specifically that it was spun out as WestGold wanted to focus on their WA assets and because this was in NT, wanted to spin it out to have its own focus team to take it to production.

Geographic reason was a major one.

Last edited by Charterrierist: 23/08/20

CST Price at posting: 31.0¢ Sentiment: Hold Disclosure: Held
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Last 5.6¢		Change 0.000(0.00%)		Mkt cap ! $17.12M

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Investment case for CST, page-162

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Investment case for CST, page-162

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