There are several factors that should create investor demand for CTM in coming weeks and months.
Firstly if the upcoming expected assay results are good and show high grade hits of both Nickel and Cobalt over significant widths similar to the Jacare deposit next door it should create a further rerate in share price due to the increased value of the deposit in sought after EV battery minerals. Both Nickel and Cobalt are hot commodities with rising prices.
Further with 5000m RC drilling underway we know there will be constant news flow from assay results being released as we have seen with the Auger hand held drill results over past few months.
Theres also the possibility of an announcement about the sale or JV farm out of the Iron ore assets.
We also know the company is fully funded for all their drilling campaigns with $4.5 Million in the bank so no nasty surprises with capital raising to slow down momentum this year!
Once the current 5000m RC drilling is completed CTM will move immediately to start drilling at the
Salobo West Copper Gold Project, which is what many investors are waiting for.
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $243.3M |
Open | High | Low | Value | Volume |
48.5¢ | 50.8¢ | 47.0¢ | $240.7K | 493.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 130000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.480 |
1 | 100000 | 0.470 |
1 | 4850 | 0.460 |
3 | 13443 | 0.440 |
2 | 30000 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 130000 | 2 |
0.525 | 46240 | 2 |
0.530 | 7000 | 1 |
0.540 | 72250 | 4 |
0.545 | 7843 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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