CLA 0.00% 1.2¢ celsius resources limited.

Ann: Opuwo Exploration Update, page-51

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  1. SPS
    53 Posts.
    lightbulb Created with Sketch. 27
    Actually I’m pretty sure they relisted three years ago at 1c... so 1c to 24c in a year and a half was pretty impressive, clearly less fun on the way down.

    Also it’s amazing how similar the CLA share price and the cobalt price charts are when you compare them. Perhaps the share price has largely been driven by commodity prices??? I really don’t understand why it is so hard for people to understand this. This has been the fate of other cobalt companies also, which of course have different management teams. Luckily the CLA management team started preserving cash so the company is well positioned to re focus.

    The axes of the screen shot charts below don’t quite line up, but you get the idea.

    It seems cobalt is having a slight rebound, but of course, IMO, the CLA share price continues to be suppressed by the 249D action.

    upload_2019-11-27_16-52-11.jpeg

    upload_2019-11-27_16-53-15.jpeg

    I am not opposed to new management, so long as they are BETTER! It’s a pretty easy choice between the current board and the proposed one...
 
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