In Brazil things move slowly, mgmt is working to the fastest extent possible, Iron Ore problems are well known but I think some time during the current commodities cycle, mgmt will do the needful on the Iron Ore assets value realization.
Copper itself is in downtrend on the charts, CTM has held up well enough, actually one can buy any quantities in 0.6 c / 0.7 c range
I have said this before , will say this again, CTM will build wealth for guys who have a 3 year time frame, most of the guys here have no idea how much time gets extended in resource sector even for simple activities and govt permissions.I would like to think guys holding 3.5 mil - 4.0 mil shares should hit a stock value of a million dollars over next few years, quite possible IMO.
Salobo only will lead to a massive rerate in SP for CTM. We have many other irons as we all know.
I think boredom is the biggest problem for the present young / young to middle age generation. Every one wants some excitement every day, lol.
In Brazil things move slowly, mgmt is working to the fastest...
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Last
41.5¢ |
Change
0.025(6.41%) |
Mkt cap ! $205.4M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 41.5¢ | 38.5¢ | $359.6K | 927.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37440 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 24999 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
39.5¢ |
Change
0.025 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 38.5¢ | 26888 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CTM (ASX) Chart |