Nothing in the report is fatal in my opinion. The risk is higher than I expected though. Relying on scale to make this viable means capex will be much higher than I think anyone expected. There will be no small scale low capex start up option. This means finance risks are higher, and for something that lives or dies on the price of cobalt, I'm not confident that we'll have financers rushing to throw money at the project until the co. price stabilises at a higher price over a longer period. It's a risk appetite decision.
- Forums
- ASX - By Stock
- Ann: Positive Scoping Study Completed on Opuwo Cobalt Project
Nothing in the report is fatal in my opinion. The risk is higher...
-
- There are more pages in this discussion • 183 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLA (ASX) to my watchlist
|
|||||
Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $33.99M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $39.79K | 2.842M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1798575 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 4594058 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4284 | 0.014 |
6 | 1798575 | 0.013 |
8 | 4527026 | 0.012 |
13 | 4680181 | 0.011 |
15 | 6827349 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 4285 | 1 |
0.015 | 4594058 | 14 |
0.016 | 4275776 | 6 |
0.017 | 1326092 | 2 |
0.018 | 366000 | 3 |
Last trade - 13.54pm 22/08/2024 (20 minute delay) ? |
Featured News
CLA (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online