I only really started looking at Centaurus maybe a month ago and when going through the scoping study info etc, I saw the price assumption and had the same thoughts, that atleast in my eyes its reasonable.
I am in the process of doing my own back calculated NPV now with some basic assumptions on CAPEX escalation, and upgrades to the resource post when the scoping study was done.
I think at the right price it could be a great buy. Atleast the mine will be big, so if things go right the company could make a lot of money. The questions for me are:
1. Ive listened to some previous interviews of the MD, and it appears the game plan is for Centaurus to build this thing. I need to do some research to see what the key people have built before.
2. Evaluate the chance of them getting coin to build it. Having Sprott amongst the investors is a benefit.
3. Is there any existing value in that iron ore project, or the Cu-Au project.
4. If it seems that funding will take as long as the nickel price to turn around how much dilution is going to be copped to keep the place running?
Good luck all.
- Forums
- ASX - By Stock
- CTM
- Bank balance
Bank balance, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
51.0¢ |
Change
0.020(4.08%) |
Mkt cap ! $253.3M |
Open | High | Low | Value | Volume |
48.0¢ | 51.0¢ | 48.0¢ | $93.15K | 189.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 99946 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.490 |
1 | 2062 | 0.485 |
2 | 81901 | 0.480 |
2 | 106351 | 0.470 |
1 | 4850 | 0.460 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 99946 | 1 |
0.525 | 46240 | 2 |
0.530 | 17000 | 2 |
0.540 | 62250 | 3 |
0.545 | 7843 | 2 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
CTM (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online