Hello again to all CTM holder's and Happy New Year. 2019 looks...

Hello again to all CTM holder's and Happy New Year. 2019 looks to be set up as a breakthrough year for CTM. I've been ' Silently' and patiently watching and observing from the sidelines.....not to mention a bit of accumulation as well.

My view is that is was not mistake and / or co-incidence of the ' flurry ' of announcements per- Xmas which seemed to cut across ALL of CTM's projects. So it is my opinion that the bunching of these announcements was a priming or a ' heads up ' of sorts for what is to come sooner rather than later into 2019 New Year.

Notwithstanding the wet season constraints together with environmental and pending permits , the Quarterly cash flow appendix's and forecasts speak volumes of a financing initiative of some description occurring in the 1st Qtr of 2019. And I am sure the BOD is acutely aware of the strategic significance of the potential value of the CTMOB's given the facilitation of the OA's around May of last year.

For me the concerns are whether we can again secure an underwriting agreement for the the OB's and the trade off this brings with respect to the earlier dilution effect of the conversion of OB's versus say a fresh placement , rights issue , or other form of capital raising with perhaps longer dated attaching options. So I would ask myself is this what we are seeing with respect to the periodical dumps. A scrambling if you will of OB holders getting set in the Heads.


I would further support this thesis off the back of the more significant pre-Xmas announcement being the JV with Simulus Group surrounding the Itapitanga Nickel‐Cobalt Project. IMO , as in many projects of this nature , the time horizon's for cornerstone key investors tend to be obviously longer than 6 - 8 months . Therefore should Simulus be ' fair dinkum ' Venture Partner , they would be more inclined to participate in say a discounted placement or a combined capital raising and rights issues with longer dated options than simply be linked to the underwriting of the OB's , as seemed the impetus with the OA's kicking off the projects last year. They ( Simulus ) will definitely want more time for the venture with CTM to mature , and hence we may seen the expiry of the OB's first.

These are only my opinions which support my reasons for accumulating CTM heads at the present moment. GTAH's