CLA 3.57% 1.4¢ celsius resources limited.

Ann: Celsius Dual-Lists on the Namibian Stock Exchange, page-15

  1. 1,225 Posts.
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    Something else to consider too is that the Nambian economy is set to grow at 4.4%

    https://www.reuters.com/article/namibia-economy-idAFJ8N1NU023

    With good growth in throughout the mining sector

    https://tradingeconomics.com/namibia/forecast


    I don't know about you guys but I am growing a little bearish on western countries and certainly countries carrying the burden of household debt that Australia current holds. Household Debt to Disposable Income is now at 199.7%

    https://www.*.com.au/australias-household-debt-is-now-one-of-the-highest-in-the-world-2018-1

    So an investment in CLA is an investment in Cobolt sure but I also think this ann will tie CLA closer to the growth of the Nambibian economy and if you want to make good money these days I think we need to start looking more at developing nations.

    We have had our logarithmic growth, now its their turn and I dare say we might be in need of a haircut.

    I doubt any of this was lost on BB.

    Good luck all
 
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