CLA 0.00% 1.1¢ celsius resources limited.

CLA chart, page-853

  1. 1,520 Posts.
    lightbulb Created with Sketch. 2340
    chiken d-my suggestion is take profitrs when BB and the giants do,

    say 2.50ish??

    If you take them down here your porbably selling yourself short, I know the temptaion is huge.
    as the german said the bull will try to buck you off. it uses every trick in the book.

    trade it by all means - but I wouldnt be out this stock to go punt on some other for a long while yet . thats just risk transferral.

    just doing some research for my next valuation. i looked at the katanga mine -a similar big sulphide deposit cCo Cu- from what i can see they made 3 million USD profit last year only and they are capped at CAD 3.5 billion!!!! Am I missing something??

    can any of you more technical minning guys maybe have look too cos thats bonkers to me.

    at that rate we should be capped at like AUD 2billion today speculatively - and 15 billion later on in production!!!

    The big Co producers (albeit with mainly other commods ) are on outrageous PE's too- in size look
    1. glencore 41X
    2. China moly 96X
    3. freeport mcmoran 21X

    and i think thats partly due to them being the only real cobalt plays in the world.

    inagine what cla can be on by production time in 2021. I got to 4$ a share last valuation at a logical 12 x pe!!!!
 
watchlist Created with Sketch. Add CLA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.