Fat Prophets regard CNT's Sukari gold project in Egypt as "having enormous upside in our view"..."providing Members with exposure to a potentially enormous gold deposit in Egypt."
FP has been watching CNT for some years, waiting for the right time to buy in. Because CNT's tenure over their Sukari field is now secure, FP regards now as that time.
FP estimate that CNT's gold resource is around 10 million ounces.
The share price is still just over $1.
CNT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held