Mazza, all you do is moan and talk negatively about CRTM, u ok hun?
Why would you bother holding or be interested in a share that you have nothing good to say about?
Surely your time and money would be better off elsewhere where you are more comfortable?
No they are two separate plants in different places, I don’t know the exact location of both plants and they could both need use of the road being repaired which is as far as I know not on our land but nearby
I think you are missing the point Mazza,
The oftake agreement is with a fully operational plant so once the road is fixed sales start.
The other plant that we are looking to rent/buy is the one that needs bringing back in to operation
As long as the company is moving forward in the plan drawn out by Russell, the longer the market takes to react the more shares I can buy and therefore more profit when the market does decide to move this.
Different people have different strategies but it constantly sounds like you made the wrong decision for you and you don’t have the patience for this type of situation and would be better off trying your luck with whatever share is on trend and just catching rises where you can.
I keep saying this but contact Russell if you have questions, we are very lucky to have a CEO that will take the time to answer any questions that he can.
Depends on your outlook, a year ago I had 120k shares, I now have over 250k due to the delays and low share price. The company is still moving forward in its plans of revenue building and expansion so I will be better off in the long run hopefully.
I can’t speak for anyone else but I am maxed out and all in, my average used to be 14p, it’s now 18p so I have actually averaged up over the last year with my highest purchase at 28p
Production should begin with monthly output of around 10,000 tonnes of oxide ore which at current copper prices is expected to generate monthly EBITDA of around $300,000. In April as the rainy season ends, the plan is to de-water some of the sulphide copper pits and start mining the sulphide layer. Due to the much higher grades this is likely to be much more profitable, potentially doubling or tripling up monthly EBITDAs to between $700,000 and $900,000
The CEO, Russell Fryer a US-based South African, has a successful track record with a previous company that he launched in 2014 to acquire and bring to production a series of uranium projects across North America, generating returns from $1.5m of original investor investment to $80m at the market cap peak during three years.
https://www.linkedin.com/pulse/critical-metals-plc-buying-production-within-weeks-from-paul-ensor/