CDT 0.00% 0.4¢ castle minerals limited

Ann: Castles Kambale Project Exceeds 1.4Mt Contained Graphite, page-76

  1. 868 Posts.
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    very protective. Note to other posters, beware of that one poster who is overly protective. They are talking their own book.

    SYR eh? Now list all the companies that have failed in Africa. The list will be far far longer.

    SYR has 18mt reserve at a much higher grade and 120mt resource. Even looking at it simplistically SYR has 140 times the graphitic carbon CDT has and is capped at $1.1bn. On that metric CDT is very much overvalued. 140 * 20m cap = $2.8bn, equivalent basis. CDT should be capped at <$10m. That's where its headed I reckon. Low grade and near the border of Burkina Faso long way to any port, this project has a long long long road ahead of it and people are rightly selling out

    Good luck with it all.
    Last edited by Milcom: 12/04/23
 
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