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42.5¢ centaurus metals limited

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

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twouptom

27,078 Posts.

178

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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CTM Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 42.5¢		Change 0.000(0.00%)		Mkt cap ! $211.0M

Open	High	Low	Value	Volume
42.0¢	42.5¢	41.0¢	$47.48K	113.1K

Buyers (Bids)

No.	Vol.	Price($)
1	6692	42.5¢

Sellers (Offers)

Price($)	Vol.	No.
44.0¢	32727	2

View Market Depth

No.	Vol.	Price($)
1	6692	0.425
1	18568	0.420
1	30000	0.415
3	6235	0.410
2	82500	0.405

Price($)	Vol.	No.
0.440	32727	2
0.450	13038	3
0.460	11000	2
0.465	14995	1
0.470	20000	2

Last trade - 15.56pm 18/11/2024 (20 minute delay)

CTM (ASX) Chart