imho when you look at the valuations of CTM's in-country peers...

imho when you look at the valuations of CTM's in-country peers like HZM and BRVO, theres no doubt in my mind that us small fry got screwed over with this half-price placement to the big boys

CTM doing a placement to the big boys only at a valuation of $300m means us small fry get diluted more than was needed

i cant believe that a world class, tier 1, class-1 nickel deposit with leading ESG credentials, during an EV revolution and in an environment where M&A is very active for sulphide deposits of scale, is only worth a few hundred million piddly aussie dollars

can someone more smarter than me please explain why CTM says this is only worth $300m?

mind you, remember that before they acquired Jaguar, they had a MC of $30m. after acquiring Jaguar, they have raised $110m up until this placement. so in effect, this $300m valuation should be discounted by $140m. on this maths, where is the value-add they have supposedly created over the 4 years since they acquired Jaguar? why only a measly $160m of value-add over 4 years?