CLA 6.67% 1.4¢ celsius resources limited.

Matyd. There is the problem as I see it.  Katanga produce to be...

  1. 378 Posts.
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    Matyd. There is the problem as I see it.  Katanga produce to be stockpiled until it builds an ion exchange system to remove uranium.  In the mean time it will continue to mine and stockpile.  Stockpiles to be sold end of 2019. So come end of 2019 Glencore will have a sheet load of stockpiled material that they will want to move.  Co price may go up a bit while this is sorted.  But come end of 2019 Glencore will be lowering prices to move large stockpiles of material.  And when are CLa expecting to release their PFS and probably then trying to cut a deal to sell.  Happy to be corrected if anyone thinks I’m wrong.
 
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