Hi All ,I get a little confused and frustrated TBH in some of the posts I read on CTM lately .
To say we are going to have a share Price of 50c a share is not going to happen .Most holders would be more than delighted to hit 3-5 c a share over the near/ short term , myself included .
Totally agree with Old Geo , there is no way CTM will have a deposit of 100 million tonnes , the widths clearly indicated this tonnage will be certainly less than 100 Mt .In saying that it is still a very viable stand alone mining operation with tonnage under 100Mt .
I Don't want to put a damper on what I see as a huge potential over the 3 area's in this World Class Province .However , we need balance in these posts , as when the Company releases the next lot of drilling results , again I will read most posts will be disappointed ,and we didn't get 100Mt ,I repeat I could be wrong , but my maths and calculator does not lie.
I laugh when I read some expect 200 million tonnes plus , no wonder people run to the exits and sell for being disappointed on announcements when drill results are announced .
Just my opinion , do your own research, However I will continue to buy at these levels or lower , as a MC currently of $23 Million is ridiculous , and this basically values Jamberio at nothing and and CTM has spent $30Million on this Iron Ore Project alone which NPAT stacks up amazingly .Time will tell I guess ,GLTAH
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Price($) | Vol. | No. |
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1 | 100000 | 0.415 |
4 | 127317 | 0.410 |
3 | 35000 | 0.405 |
10 | 106500 | 0.400 |
Price($) | Vol. | No. |
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0.425 | 8907 | 1 |
0.450 | 66263 | 2 |
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