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9.09%

1.0¢ celsius resources limited.

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18/07/18

11:35

Post #: 34416705
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Originally posted by BobbyKennedy ↑

As is always the temptation to believe that every drill and assay report will result in a sharp spike in the SP, I don't think it will be the case this time around.

CLA have already reported a massive resource so a few new deposits to the north may add LT value in some peoples books but the market will, IMO, wait for a study before rerating CLA again. And the study is a few months away.

The only reason I'm writing this is because I watched some of the hopeless fanatics at AVZ believe that every hole they plunged into the known resource would automatically result in a wave of new money. Just doesn't work like that.

This is slightly different as it may turn out to be an entirely new zone but you have to ask if the new zone will make either the primary DOF or this new one anymore economical or feasible in the eyes of the market. Unless it's off the charts stellar and beats the existing resource in terms of scale and grade, I think the market will view it as a 'nice to have' but will wait to hear how CLA will convert the real monster into a reality.

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Spot on there bobby!
We're all in on the SS now, and the cobalt price.

CLA Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $24.27M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$19.84K	1.816M

Buyers (Bids)

No.	Vol.	Price($)
13	4394360	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	96489	1

View Market Depth

No.	Vol.	Price($)
12	4343856	0.010
16	11080490	0.009
11	5870574	0.008
8	5127131	0.007
3	573333	0.006

Price($)	Vol.	No.
0.011	96489	1
0.012	2345259	8
0.013	6071500	5
0.014	780002	3
0.015	1400000	3

Last trade - 15.59pm 14/06/2024 (20 minute delay)


Last 1.0¢			Change -0.001 ( 9.09 %)
Open	High		Low	Volume
1.0¢	1.0¢		1.0¢	594459
Last updated 15.33pm 14/06/2024 ?

CLA (ASX) Chart