CTM 1.18% 42.0¢ centaurus metals limited

You could ask Rick directly. He's an amenable person and open to...

  1. 1,100 Posts.
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    You could ask Rick directly. He's an amenable person and open to enquiries that are not personal. I don't see any evidence that he is simultaneously spruiking and selling at the same time; on the other hand it's not unusual to sell in a down market even though you like a company, because that company does not exist in a vacuum. Finally, I would suggest that he, as a sophisticated investor and speculator, has more irons in the fire than just CTM and may be shifting positions on the regular.

    My own take is that a great deal of money has diverted away from commodities in general, especially Lithium and Nickel. The market is depressed and sentiment is low. CTM has failed to produce a DFS on-time twice. I happen to think that is a strategic decision and not incompetence. If the DFS is not delivered this time, it will be because of the macro-economics rather than anything CTM has failed to do. There is no point CTM committing to a mine if the cost of debt is going to be prohibitive and irresponsible. They can sit on the Nickel as long as they want, it isn't going anywhere. I don't really care what Sprott or Rick does, I make my decisions based on market technicals and fundamentals.
 
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Last
42.0¢
Change
-0.005(1.18%)
Mkt cap ! $210.8M
Open High Low Value Volume
43.5¢ 43.5¢ 42.0¢ $28.59K 66.87K

Buyers (Bids)

No. Vol. Price($)
2 29906 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 8533 5
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Last trade - 11.54am 27/06/2024 (20 minute delay) ?
CTM (ASX) Chart
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