CTM 1.16% 42.5¢ centaurus metals limited

there is some serious risk in the company. Itty is on the small...

  1. 136 Posts.
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    there is some serious risk in the company. Itty is on the small end of resource(and is not JORCed yet), pebas has yet to intersect any massive mineralisation, salobo is yet to even get a licence (and has had the process stopped entirely once before), and the directors have had an iron ore project fail to get any funding. I am sure many investors would look at that as a whole and say "ok they have a smallish project in Itty but not enough cash to push it to completion, is the board good enough to get it off the ground seeing as they have cant even get anyone interested in a shovel ready project that can make money at the current prices? pebas has potential but will be small as well and there seems to be no progress on salobo"


    of course when you look at it closer you see that Itty has upside potential in itself to improve the resource, is progressing well and has near mine targets as well. Salobo could be massive and the licencing is progressing well, and the iron project was rightfully shelved when the price was crashing. there is definitely risk about it but higher risk higher reward and thats what we are all playing here. 

 
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Last
42.5¢
Change
-0.005(1.16%)
Mkt cap ! $205.9M
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43.0¢ 43.0¢ 42.0¢ $34.45K 80.53K

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1 44989 42.0¢
 

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43.0¢ 1235 1
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