CTM 10.0% 31.5¢ centaurus metals limited

NT man ni/co rc drilling going on at the moment to try and prove...

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    NT man ni/co rc drilling going on at the moment to try and prove up jorc resource at Itapitanga.
    I dont recall any mention of production to date(nothing to produce yet) and no time frames that i recall. Imo this may get proven up by jorc, then scoping study and sold off or j/v (i still see time frames of 3 years to go into production 2021).
    The ni/co play took me by surprise a little but there was a mention ctm would be actively busy waiting for the wet season to end at Solabo west. Not sure anyone thought that would mean gain another tenement and drill for ni/ co in between.
    What has taken me by surprise is the speed that this has happened. This all goes well for a large drilling campaign this year. Itapitanga, Pebas then the main course Solabo west(same strike as Vale along the cinzento shear zone (cu/au/co). I still see this as ctm's jewel in the crown and i see this as the main chance of ctm going into production.
    I personally dont see iron ore production as we have too many ev battery/ hot materials atm.

    I used to be uncertain but now im not sure

    Take care
    Mule

    P.s sentiment from long term holders quite bullish atm. Have seen some massive volume go through in last 4 weeks.
 
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