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0.9¢ centennial mining limited

http://centennialmining.com/, page-185

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golddigit

786 Posts.

6

17/11/17

13:36

Post #: 28893347
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Originally posted by nkl ↑

As usual, we are digressing from concerns.

Discussion point cannot be me but the CTL & its share price. Someone should help to answer to below questions I have been raising after whole SPP offer,

1) CTL does not even have $ 1 Million out of $ 26+ Million revenue generated in last One+ year Operation? Does it mean very poor planning & financial management?

2) Why CTL management keeps on coming back to existing Shareholders for money with discount offer?

3) Why CTL management cannot get the placement done from new party at 20% or above premium?

4) Why don’t CTL management don’t Buy few millions shares from ASX market to display confidence on their operations and new findings?

5) What is the guaranty that CTL management will not ask (rather beg) for money again next year (2018) like 5 consecutive years?

6) Why CTL management do not keep informed regularly about the scheme of things happening at their end? They become only active with Announcements before Capital Raise.

7) What happened to Trial Parcel of 700 Tonnes of mined Material from 1060 level of Union Hill Mine (announced on 12th Oct 2017)?

8) If there was shortage of money, why Key Executive Management Team Appointments was made as announced on 3rd Oct 2017?

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I am happy to spend a few hours researching your concerns but not if you will not address an obvious inconsistency in your post of 8 concerns and at the end of it still showing CTL as a buy. Again this is the end of your last post:

CTL (ASX)
Price at posting: 1.4¢
Sentiment: Buy
Disclosure: Held

CTL Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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