CTM 0.00% 43.5¢ centaurus metals limited

Agree 100%.I don't care one bit about a 12-24 month delay as I'm...

  1. 543 Posts.
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    Agree 100%.

    I don't care one bit about a 12-24 month delay as I'm not here for pennies in the dollar. I'm long because I plan to enjoy impressive dividends (based on yield on capital invested) in 10 years time (it will likely be before then) and substantial SP appreciation based on PE multiples and dividend yields. It's the 20+ year LOM that excites me, plus the highly likely underground and greenfield extensions beyond that.

    It's the LOM that really builds wealth here, plus the fact this is high grade nickel coming mostly from an open pit which will firmly cement CTM as one of the lowest cost nickel miners on the planet, giving it a tremendous buffer zone should the nickel price deteriorate (highly unlikely given the 2030 predictions).

    Yes, the SP has dropped 50% from it's all time high, but as a pretty solid investor once said, "be greedy when others are fearful". Time for me to buy more from the fearful has arrived.
 
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