CLA 0.00% 1.3¢ celsius resources limited.

Ann: Positive Scoping Study Completed on Opuwo Cobalt Project, page-123

  1. 42 Posts.
    lightbulb Created with Sketch. 21
    Well said Ans. I am trying to familiarize myself with ASIC Info sheet 214 ( https://asic.gov.au/regulatory-resources/takeovers/forward-looking-statements/mining-and-resources-forward-looking-statements/#secured-funding-is-not)


    And whether they will be allowed to state the production target and financials upon the resource upgrade which seems likely but I am not confident enough to confirm. Appreciate if someone else more experienced with the ASIC 214 can confirm? @Quanta @binwood ? Apologies for the tags but as a long term lurker, i appreciate your interpretations. 


    I would gently caution other investors from being too emotional with this SS and reassess what your investment objective and timeline is.

    Also look at the potential news flow in the coming months and whether that news will be interpreted positively or negatively. - Upgraded resource, skytem, and the production target and financials (if allowed)


    Personally I believe the fundamentals have only strengthened albeit SS financials would have been preferential I am not concerned for my long term investment horizon or any of my NPV or IRR calculations. 


    I would also like those to substantiate their claims of 6 cents as I would if you were saying 30 cents ( @golfer44  I appreciate a critical analysis of a company but is 6 cents a psychological figure or do you have evidence to back your claim?). Whilst there is a possibility of a fall tomorrow, in my opinion it would be regarded as a sale price to enter the - highly likely - largest ethical sulphide based cobalt deposit outside of DRC with cash to PFS.


    I will happily participate in such a sale if it were to occur and I already have a large holding.


    Remember to think logically not emotionally. It's understandable after reevaluating your own research you believe there has been a material change and you wish to exit. Best of luck




 
watchlist Created with Sketch. Add CLA (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $31.56M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $120.2K 8.738M

Buyers (Bids)

No. Vol. Price($)
3 4634661 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 1542919 5
View Market Depth
Last trade - 14.13pm 25/06/2024 (20 minute delay) ?
CLA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.