CTM 1.10% 45.0¢ centaurus metals limited

Jambriero Iron Ore project., page-5

  1. 468 Posts.
    lightbulb Created with Sketch. 128
    Further to my post on 23/04/21 the price of 65%fe iron ore is US $243.00 compared with US $75.00 used in the PFS. This represents an increase in the bottom line of US$138 million each year. Very compelling argument for a partner sharing operation if required. My guestimate is that Jambreiro would have a value in excess of A$400 million. Given this situation the value of Jamreiro would be around $1.20 per share. I hope the BODs can sign offtake agreements so this asset can be monetised.
    Cheers Rob
 
watchlist Created with Sketch. Add CTM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.