CTM 8.79% 41.5¢ centaurus metals limited

I don't see why so many blokes knickers are in knots. CTM have...

  1. 847 Posts.
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    I don't see why so many blokes knickers are in knots.

    CTM have swapped a BIG maybe [in terms of if they could pull it off, how long it would take to progress, and realistically if that magic resource is there] for a proven resource and great project that is really probably at the limits of what they can handle given money on hand + other things in the works.

    I get people are pissed because this was a blind side but look at some simple facts. This project is closer to Itapitanga, similar metal / mining expertise required, and its closer to production for a company like this. If it was Rio or BHP palming off Salobo I'd be pissed but this is a $20M odd market cap company.

    Yes, if some dardy drill results come back from Salobo there probably would have been a momentary share price spike, but how many people REALLY would have sold out? Some yes, most no.
 
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1 4999 41.5¢
 

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43.0¢ 8000 1
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