CTM 1.16% 42.5¢ centaurus metals limited

Should pay for itself I would have thought.   Just roughing out...

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  1. 2,132 Posts.
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    Should pay for itself I would have thought.   Just roughing out the estimates - what 400 kilos of Nickel and maybe 100 kilos of Co.   Remembering it is the process of converting to ' High Purity ' Co which will pay us huge dividends if it delivers us an Off-take partner in about 9 or 10 weeks - if not sooner - and definitely before Easter.    

    There is also the Scandium results which I think Simulus would also be pursuing  from the end result of processing this tonnage.  Remembering this statement which wasn't to shabby from the announcement of 10th August 2018 :-.   

    •  Scandium has the potential to be a high value by‐product at Itapitanga given that scandium oxide prices, as reported in the 2018 US Geological Survey (USGS) Commodity Report, have recently been in the order of US$4,000‐US$5,000 per kilogram.    

    IMO - They are clearly being very methodical in their approach to unlocking the full potential of the Itapitanga project .......Almost by Stealth.      Keep the eyes on the prize folks........wink.png
     
 
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42.5¢
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