Ann: Opuwo Project Update and Board Changes, page-161

I'm gutted by this - CLA represents a large part of my portfolio, and I had high hopes for the future - but don't hold anyone to blame but myself for not being more aware that things could go bad diabolically quick.

This will utterly tank on Monday, and I think it's foolhardy not to recognise there is real risk going forward that CLA's price could then fritter downward to insolvency in the coming year or so, and be swooped on my someone else (Glencore? China?) at a dirt cheap price in the clearing sale, and none of us current shareholders benefit. In other words, IMHO if you don't sell at fire sale prices on Monday, you might want to be realistic that the price may never get better.

The Opuwo cobalt deposit is obviously significant, but right now, no one should have any confidence that CLA will be the ones who ever bring it to fruition in the foreseeable future.

I can't really afford to solidify my paper loss that is there - so may hang on to see what the outlook is when the flames die down. I haven't made my own mind up, and will give it a lot of thought before opening on Monday.

Good luck, everyone