CLA 4.35% 1.2¢ celsius resources limited.

CLA chart, page-2593

  1. 1,520 Posts.
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    I agree Binno HAV it shouldnt really be in there and not a main cobalt play.

    To me only NZC AML and CLA are gonna make it.

    CLQ and COB have a chance and maybe AUZ only becuase they have SK inovation in theory behind them. I cant really at this point see any others making it.

    As for fall amounts Sorry -I looked through those bloomberg stock charts quickly this morning so made some errors calculating.

    NZC 48 cents to 25 cents = down 48%
    AML 43-to 28 cents = down 35%
    so their average fall is 41.5% - CLA (if SS stacks up) is way better than both of those is still underperforming them since the highs by 50%.

    If after the SS the risk discount comes out the SP and CLA goes to the same average 41% fall as them then it should be at 14,5 cents?

    But CLA is much much bigger than the other two and should be worth a lot more than them right now its not. just the top of my head figures are -someone should check for sure if they have the time

    NZC has around 7 mill tons proven at 0.3% and its worth 75 mill AUD.
    AML  has  around 50 mill tons at 0.15% and its worth 165 mill AUD
    CLA has 112 mill tons (going to 150 millish) at 0.11% and is also worth just 75 mill AUD -with AUD 12 mill in the bank!! - that will be way undervalued if SS is good.
 
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Last trade - 15.00pm 04/10/2024 (20 minute delay) ?
CLA (ASX) Chart
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