CTM 1.19% 41.5¢ centaurus metals limited

its the cap raise that we had to have. i see it as a bridging...

  1. 1,776 Posts.
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    its the cap raise that we had to have. i see it as a bridging cap raise because of ctm's inability to meet self-imposed deadlines imho. the money that was raised back in jan 2022 was budgeted to get us to at least DFS stage. history now shows ctm has fallen way short. ctm needs to accept responsibility for this and there needs to also be accountability

    ctm cant meet deadlines so now us shareholdes get diluted unnecessarily for the privilege

    this bridging cap raise wouldnt have been needed had we got the DFS even as late as mid this year (never mind that it was due last year)

    they've had to pull back the drilling to conserve funds too. not a good look when their strategy includes aggressive drilling

    and dont get me started on the throwaway price of 73c

    its very disappointing all round

 
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