CLA chart, page-1930

CLA is down because the company choose a bad direction, they choose a quick pump and raise direction it as a giant mis-calculation.

This 100Mt resource is a joke they should have cut it off as high as possible, the material is so low in grade already that even the high grade is questionably in terms of even being break even economically, using such a low cutoff was gross.

I have rarely seen such a large shit sandwich as that JORC so willing eaten up.

They should have announced a 26Mt resource in the high grade and said look we have 20km more strike we are going to drill drill drill until we have 10x this amount in the highest possible grade.

Then do their studies on largest scale possible, they have shot themselves in the foot putting this study into existence, if they simply kept drilling with a 250Mt exploration target in the highest grade CLA would be alot healthier.

Scoping study 4 months over date yuck, can they pull another rabbit out of the hat like the sickening move of lower the cut off to a comical level, seems unlikely.