DFS and progressive studies rarely move the needle (SP) in my experience. I think at most there could be 1 more raise, We have $34m cash currently and you have to assume drilling slows down after DFS, financing 1H2024 ( will include working capital ) and construction kickoff 4Q2024/1Q2025.
It doesn't really get much quicker and its so far been a masterclass by CTM mgmt.
I've got it valued at about 0.15x NPV... do i think its undervalued? yes but i don't see what more mgmt can do other than advance the project like they have been doing to close that valuation gap.
DFS and progressive studies rarely move the needle (SP) in my...
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45.5¢ |
Change
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Mkt cap ! $225.7M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 44.8¢ | $74.36K | 162.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33181 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 7909 | 1 |
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