CTM 1.20% 42.0¢ centaurus metals limited

Trading day running commentary, page-3840

  1. 4,675 Posts.
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    My theory is that with world growth basically stagnate, commodities will be flat until inflation is under control. Figures from Western countries predict at least 4 months of rising interest rates to slow the rate of inflation. So mid year. A few more years until CTM, a JV or whoever takes over is producing.
    One positive is irrespective of what happens with commodities in the short and medium term, the demand for nickle will be needed as EV's become a greater part of transport.
    The drop of the SP from $1.20 ish to $1.10 ish is a result of investors ( and I say that loosly, more like gamblers) who expected the sp to fly on drill results. Need to build a mine etc first.
 
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42.0¢
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