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1.0¢ celsius resources limited.

1.5c seems a good buy here. Was above this before SVM came in....

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18/03/24

16:16

Post #: 72944897
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Originally posted by dsb55: ↑

This is what I’d hoped for. MP issued, means de risk. Means (small) revaluation, actually 50% up from where they were trading before speculating began (1.0 to 1.1cents). New support.

Next, as has been mentioned by the company and other posters, the need to provide the government firm evidence of sufficient funding to proceed with mining within 6 months. FWIW it’s all in the company’s presentations. Hume has repeatedly stated that they are in regular communication with several parties. I’d assume funding of circa USD 250 million in return for skin in the game. Hopefully at a premium to the current SP.

Then off take agreements.

if and when all this in place, I’d suspect many deep pockets will be running the ruler over CLA. Don’t forget SVM, but in reality they are minnows.

Risk V Reward even more enticing than when I posted on NPVs a couple of weeks ago.

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1.5c seems a good buy here. Was above this before SVM came in. They then sold 3% on market to get it down to 1/1.1. Fair enough it stayed there due to unknown on ML.

SVM wanted it for a lot more than 1.5c without ML. Seems a steal, can’t see this not getting sold. Funding will be a takeout IMO.

CLA Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $24.27M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$12.75K	1.275M

Buyers (Bids)

No.	Vol.	Price($)
31	21799147	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	6728383	8

View Market Depth

No.	Vol.	Price($)
31	21799147	0.010
14	4762067	0.009
4	1120074	0.008
2	195000	0.007
2	366831	0.006

Price($)	Vol.	No.
0.011	6728383	8
0.012	4717220	10
0.013	5180000	6
0.014	3900000	5
0.015	2210658	5

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 1.1¢			Change 0.000 ( 5.00 %)
Open	High		Low	Volume
1.0¢	1.1¢		1.0¢	542194
Last updated 15.59pm 16/05/2024 ?

CLA (ASX) Chart