CLA 6.67% 1.4¢ celsius resources limited.

I'll try that again ... What do folks make of criticism...

  1. 163 Posts.
    lightbulb Created with Sketch. 82
    I'll try that again ...

    What do folks make of criticism regarding the "low" Cobalt grade of 0.11% and "insubstantial" seam depth of 4 metres?

    My understanding is that the fact that it's a sulphide deposit, a strike length of 15km which could be expanded considerably, Copper and Zinc grades of >0.5%, it's location in very favourable mining jurisdiction of l Namibia with world class infrastructure as opposed to DRC, and the excellent lesdership of geologist BB make it a favourable Co investment. The 0.11% grade is comparable to most ASX listed Cobalt plays. Perhaps the 4m seam depth is favourable re mining costs ...

    Any input regarding the criticisms I mentioned in the first paragraph would be very much appreciated. I'm new to the mineral investing scene FYI

    Thanks in advance!
 
watchlist Created with Sketch. Add CLA (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
-0.001(6.67%)
Mkt cap ! $33.99M
Open High Low Value Volume
1.4¢ 1.5¢ 1.4¢ $52.88K 3.751M

Buyers (Bids)

No. Vol. Price($)
6 2423877 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 5743736 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CLA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.