Trading day running commentary, page-1187

I draw your attention away from current SP and Jaguar prospect to Jambriero Iron ore project. On 5/7/2019 CTM released its Pre feasibility study on Jambriero Iron ore project. My reading of the report indicates a price of US $75 per DMT for 62%fe was used in its financial assumptions. Current price is more than $170. I was informed by a person who is more knowledgeable of the project, that in his opinion, the value of the project in today's environment is near $400m. CTM's MC at close of trade today was $226m. If the valuation of Jambriero has merit then there is huge potential for CTM SP to increase significantly. The board may look at JV, spin off Jambriero into a separate company or develop the project itself. I recommend SH's re read report dated 5/7/19 and add their views to this post. Perhaps set up a separate thread headed Jambriero. Your comments would be appreciated. The above is my opinion and please DYOR.
Cheers Rob