CLA

8.33%

1.1¢ celsius resources limited.

Ann: Opuwo Project Update and Board Changes, page-536

First 536 Last

Share
Profile

Follow
notlistening14

2,216 Posts.

957

08/03/19

00:05

Post #: 37692403
Share

Originally posted by attodds ↑

I don’t get it - mining cooper,lead,zine,nickel at the same depths (shallow or deep) using very similar mining,crushing and extraction techniques as these other minerals. They are viable at much less value per lbs

nickel - $6 lbs
copper - $3 lbs
zinc - $1.5 lbs
lead - $1 lbs
tin - $9.7 lbs
cobalt at current price $14.9 - why do we need it @ lest $ 25 lbs to be viable - grades ?

so we really need the west zone to prove up and be included in SS !!!

to my understanding we will get drilling update - resource update and metallurgy in next few weeks. but we need to get this new zone into mining plan and that wil take more drilling to make it “indicated” resource so it can be included in SS - with the above results coming out ( inferred ) we’ll have a good idea if we can prove it up - imo this vital to keep the opex down - higher grades and open pit start and for the potential total resource of 150 mt - and this the west zone - still got the anticline

as for price - the general consensus is 55k ton - there is a glut on the market from ramping up and tin shack setups in DRC grabbing as much as they can when the price was sky high - even Glencore are not profitable at these current levels and have done themselves no favours- at a time in the past cobalt production was as a bye product and some small mines keeping up with demand that is no longer the case - China has Glencore’s ore for the next three years plus there own - mining, shipping, refining @ 33k is no good for then imo - or even other established mines -( I don’t know if all this excess cobalt is contract or spot price - if spot price - flooding the market and keeping price down might keep other players out for a little while but comes at a price ) that’s for the conspiracy theorist in us - )

China has change its policy from high density to range and trying to get rid of hybrids now DRC might be able to supply that increase in the near term but we still have the rest of the world who will not be happy about ore from DRC and China’s control -
300 bil from car companies over next ten odd years
dozen + battery gigafactories
battery storage for homes, solar, wind, hydo , even coal and gas and electricity stations + plus the other uses cobalt is already used for
there is a lot out there looking - we need to get these results see if it’s worth proving up wait till prices turn and finish drilling to get it into SS - by then with the continued work been carried out on PFS we slip straight into it - it was due Late Q3 if I remember right and get this to market

for angry and down right nasty out there - i understand some venting - (iv done it and I’m am hurting) but personal petty and consistent attacks you are just turning into an internet troll - there is plenty of room for opposing considered thought - even gut feeling if stated and conflicting data - course there is plenty of it out there - that’s the way a debate and stock forums should work - if you like or want the other there are other places out there in the sess pool of the internet for you -

for our next problem - we spent a lot of time getting rid of traders , rampers with nasty intentions , even brokering houses and now I fear with this kick in the guts price drop they might of flooded back

I’m impressed with the top 20 - as long as there is no bail out or price suppression later but for now some have increased holding - some have stayed - some have bailed on a whole a great response - if I had the coin I would averaged down

not even going to speculate on price - but I believe there will be an upward trend from here - albeit slow

i like to thank the people who contribute in good faith to this forum - cheers PG you have put up - researched and lobbied for shareholders and don’t disappear, where all got a ways to go yet -

a shout out to stoat I’m feeling ya brother and hope to see ya back here soon

w

Expand

Currently sitting at $16m market cap with $10m cash - $6m project valuation.

Crazy

CLA Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

IMA

Issues emerging as Australian companies tackle critical minerals challenge

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

There are more pages in this discussion • 64 more messages in this thread...

First 536 Last

Add CLA (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $28.28M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.1¢	$540	45.01K

Buyers (Bids)

No.	Vol.	Price($)
33	6154143	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	1852595	2

View Market Depth

No.	Vol.	Price($)
32	6017780	0.011
19	14852995	0.010
9	937441	0.009
4	820074	0.008
3	2588560	0.007

Price($)	Vol.	No.
0.012	1852595	2
0.013	778881	2
0.014	1480000	4
0.015	5100000	3
0.016	2139775	4

Last trade - 15.58pm 11/10/2024 (20 minute delay)

CLA (ASX) Chart

Ann: Opuwo Project Update and Board Changes, page-536

Cauldron Energy reports "excellent" uranium assays in latest drill run

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Issues emerging as Australian companies tackle critical minerals challenge

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Opuwo Project Update and Board Changes, page-536

Top Stories

Cauldron Energy reports "excellent" uranium assays in latest drill run

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Issues emerging as Australian companies tackle critical minerals challenge

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News