CTM 1.08% 47.0¢ centaurus metals limited

I draw your attention away from current SP and Jaguar prospect...

  1. 468 Posts.
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    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
 
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Last
47.0¢
Change
0.005(1.08%)
Mkt cap ! $233.2M
Open High Low Value Volume
46.5¢ 48.0¢ 45.0¢ $443.8K 946.5K

Buyers (Bids)

No. Vol. Price($)
1 242920 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 104703 3
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
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