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9.09%

1.0¢ celsius resources limited.

Just please don't rain on our parade again as you did with your...

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HAC30

5,633 Posts.

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16/06/18

15:00

Post #: 33756640
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Originally posted by Abos ↑

For the record I think share holders in this company need to very weary of the resource that has been produced and the likelihood that any of it will convert into reserves.

To quote the resource report "The Inferred Mineral Resource extends 600 m down dip from deepest drillhole intersections....." 600m from the nearest drill hole??? this is stretching the credibility of all involved when the indicated resource states good continuity over only 250m.

While the resource is majority sulphide and there is some copper and zinc, there are much easier orebodies in the world to mine e.g. laterites that are near surface and horizontal, so the idea of mining a narrow, sloping horizon 400 - 1000m below surface seems .... lets call it, a long way off into the future.

As I commented earlier, $360k pa for the MD of an exploration company is a bit rich for me - at least get into production before you vote yes to that resolution at the AGM.

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Just please don't rain on our parade again as you did with your amazing accurate 7.5mt JORC estimate...

https://hotcopper.com.au/posts/32024836/single

BB really does have a lot of detractors.

CLA Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $24.27M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$68.39K	6.251M

Buyers (Bids)

No.	Vol.	Price($)
7	3955021	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	2564112	6

View Market Depth

No.	Vol.	Price($)
7	3955021	0.010
18	11580589	0.009
12	6220574	0.008
10	5727131	0.007
3	573333	0.006

Price($)	Vol.	No.
0.011	2564112	6
0.012	3370673	10
0.013	6071500	5
0.014	700000	2
0.015	1483461	4

Last trade - 16.10pm 11/06/2024 (20 minute delay)


Last 1.0¢			Change -0.001 ( 0.00 %)
Open	High		Low	Volume
1.0¢	1.0¢		1.0¢	2951100
Last updated 15.09pm 11/06/2024 ?

CLA (ASX) Chart