"The major risk of CTM getting this project, and others upto production stage is AGO coming along and taking over CTM after it has done the hard work (finding resource, establishing feasibility of projects, identifying markets and executing contracts) and AGO will swoop and take care of funding and make the projects happen"
This is exactly what I have said before. And if it does, which I feel quite confident that it will, we will be lucky to get a good price out of them. They will now make sure that the sp will be capped until they will be ready to make the move. Look at what just happened to ESG and ADE, then come back to me.
I hope that the CTM Management has inserted a clause in that agreement before they allowed them (AGO) to gain the 19.9999% stake in CTM.
Cheers
CTM Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)