I agree, large scale, low cost, open pit ex Indo / China Nickel sulphide companies that are located in Tier 1 jurisdiction with renewable energy supply such as CTM are well positioned for future growth IMO.
These types of deposits are rare I agree, only other ASX listed company that meets this profile is ASO.asx (I’m also a holder)
As you mentioned traders will bounce this price up and down until a significant event such as take over, I think CTM will further derisk project with offtake deal’s prior T/O which might take a couple of months but is probable even if this share price continues down to low 30’s again it’s a good project in my eyes.
I agree, large scale, low cost, open pit ex Indo / China Nickel...
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Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $228.4M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.0¢ | 43.5¢ | $74.41K | 168.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8907 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 52744 | 2 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| CTM (ASX) Chart |