CLA 8.33% 1.1¢ celsius resources limited.

my ammended CLA valuation, page-14

  1. 1,520 Posts.
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    I think its just 6.5k as initial JORC- and only to 200 meters-ish deep.

    if we wildly speculate DOF could be viable for 100kms down to 800 meters. thats still only less than 2% of the potential orebody!!

    But I think Binwood is so right in saying- hey how much is enough? we actually really just need enough Co proven for the next 10 years to smash this share price up- becuase who knows what may happen in the cobalt market after 10 years -a new technology? more supply? price goes ballistic ..price collapses?? etc etc...

    10 years at 2mtpa - means we only need 20 mill tons to get this through 1$a share and much higher.

    so whilst speculating quite how big it could be (which I am guilty of too) is nice .... its almost unccesary-. With just 20 mill tons were done here !! We may even have that much in maiden JORC next week if were lucky!
 
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