A bit of vol in CDT this morning - myself included. This is my rationale.
If I play connect the dots and Earaheedy is as good as what RTR’s actions imply – increased drill programme, fast tracking of assay results and now the TH, it seems as though CDT is the nearology play.
On 9 April they pegged 65 adjoining blocks under exploration licence E69/3860. CDT’s peg also breaks up the contiguous nature of RTR/ZNC tenure - highly strategic if Earaheedy turns out to be as good as what Resources Rising Stars imply, and perhaps more importantly, a stock that you can actually trade while RTR/ZNC are in TH.
With a current MC around $8m and an EV of around $5.5m, and some other interesting projects that the company is actively progressing, CDT could be in for some fun and games that, depending on the significance of Earaheedy, could see a very significant move in the share price.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.118M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $689 | 229.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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31 | 15205945 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 5722344 | 22 |
View Market Depth
No. | Vol. | Price($) |
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31 | 15205945 | 0.003 |
12 | 9832675 | 0.002 |
7 | 21785050 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 5722344 | 22 |
0.005 | 11880354 | 12 |
0.006 | 1984595 | 6 |
0.007 | 1186227 | 4 |
0.008 | 1501297 | 1 |
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