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CLA

8.33%

1.1¢ celsius resources limited.

Ann: Celsius Dual-Lists on the Namibian Stock Exchange, page-39

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trojen1

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18/04/18

19:18

Post #: 32537083
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Originally posted by sailorlion ↑

CLA's JORC mineral resource is 112.4Mt @0.11%Co, 0.41%Cu, 0.43%Zn, with 126.1Kt cobalt metal, refer to below comparison table, you can easily see:

1) CLQ owns 132kt cobalt metal with 614mil market cap; ( per Kt cobalt metal with 4.65 mil market cap);

2) COB owns 61.5kt cobalt metal with 108mil market cap;( per Kt cobalt metal with 1.75 mil market cap);

We can use COB and CLQ's updated data to provide reference for CLA's reasonal market cap; Likewise, CLA owns 126kt cobalt metal, if per Kt cobalt metal's market cap to follow average of COB&CLQ's data, means CLA's market cap shall be (1.75 + 4.65)x 126 / 2 = 403 million, and its correspondent share price shall be 403 / 588 = 0.685 AUD$ per share;

Below comparison table is easy for you to compare ASX cobalt players, it is not difficult to find out that CLA is most most undervalued after JORC mineral resource released, I can forecast that in the following months, CLA will become shining black horse. DYOR.

View attachment 1062700

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Why is ARL so undervalued in this table?

CLA Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(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
18	14752995	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: Celsius Dual-Lists on the Namibian Stock Exchange, page-39

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Ann: Celsius Dual-Lists on the Namibian Stock Exchange, page-39

Top Stories

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Featured News

Buyers (Bids)

Sellers (Offers)

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