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2.94%

33.0¢ centaurus metals limited

If we had some idea what they plan to do, the SP probably...

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AceRimmer

2,412 Posts.

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21/04/21

17:23

Post #: 52628591
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Originally posted by robamac47: ↑

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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If we had some idea what they plan to do, the SP probably wouldn't be where it is today.

CTM Price at posting: 64.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 33.0¢		Change -0.010(2.94%)		Mkt cap ! $163.7M

Open	High	Low	Value	Volume
34.5¢	35.0¢	33.0¢	$120.5K	357.9K

Buyers (Bids)

No.	Vol.	Price($)
6	47247	33.0¢

Sellers (Offers)

Price($)	Vol.	No.
34.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
6	47247	0.330
3	19000	0.325
4	13483	0.320
3	44750	0.310
1	60000	0.305

Price($)	Vol.	No.
0.340	10000	1
0.360	31447	2
0.370	969	1
0.380	8399	1
0.390	50000	1

Last trade - 16.10pm 31/07/2024 (20 minute delay)

CTM (ASX) Chart