I guess I see it like holding a heap of dividend paying stocks. If CTM can identify, prove and JV (freehold) a number of projects and continue to pull a percentage (20% here, 12% on the iron ore) then great. That would provIde ongoing finances for them to concentrate on Salobo without the requirment to CR twice a year.
I think salobo is the prize and their end goal. As I alluded to earlier, iti was good for a pump to get the SP up and oppies converted. I am sure management have a plan to pump the SP prior to August. Good news about iti is that it is looking the goods. A years work could possibly provide many years of royalties for us share holders.
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I guess I see it like holding a heap of dividend paying stocks....
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Last
42.5¢ |
Change
-0.005(1.16%) |
Mkt cap ! $205.9M |
Open | High | Low | Value | Volume |
43.0¢ | 43.0¢ | 42.0¢ | $34.45K | 80.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44989 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.0¢ | 1235 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21524 | 0.370 |
1 | 50000 | 0.355 |
1 | 28000 | 0.350 |
3 | 58210 | 0.345 |
2 | 19000 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 7000 | 1 |
0.395 | 22197 | 3 |
0.400 | 61978 | 2 |
0.420 | 15331 | 2 |
0.430 | 10000 | 1 |
Last trade - 15.28pm 15/11/2024 (20 minute delay) ? |
CTM (ASX) Chart |