CLA 9.09% 1.0¢ celsius resources limited.

Ann: Opuwo Cobalt Project Operations Update, page-11

  1. 168 Posts.
    Another great update from CLA. Great to see confirmation of cobalt in the northern drill holes, more areas like that close to the main strike could make a big difference to the economics by improving strip ratios, let alone the extra tonnage.

    Great to see more assays showing that mineralisation seems pretty consistent where ever they drill.

    Also nice to see confirmation that they have successfully made concentrate from flotation, which is as expected but nice to see the language being used becoming more and more definite.

    All in all a very nice confirmation that the project is progressing very nicely.

    This should be a very interesting week now that the market has finally discovered CLA. Still looking very cheap to me at around $50m market cap.
 
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