CLA 0.00% 1.1¢ celsius resources limited.

OMG! CLA 11c fair value, says broker report, page-199

  1. 12,184 Posts.
    lightbulb Created with Sketch. 478
    Thanks for supporting my point.

    However.."Opuwo is the largest ethnic Cobalt mine

    It is NOT a mine, currently only a 'prospective resource' that NOBODY has a clue at to what is requried to make it a mine, depite a $15m spend...no SS no PFS.

    How much did COB spend to get to the same place to say, yes we have a viable economic resource & here are the parameters?

    JORC means nothing if costs make it uneconomical to get to market...Just makes it stranded.
 
watchlist Created with Sketch. Add CLA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.