CLA 18.2% 1.3¢ celsius resources limited.

Ann: Resource update for Sagay Mining Project, page-107

  1. 7 Posts.
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    Maybe you should have sold @2.6c then Geffa if you don't have the patience to wait for a fair offer?
    Why do you and chad think that CLA shareholders had to sell to SVM just because it was offered? If the majority of shareholders don't think it's a decent offer then they are not obliged to sell. Obviously 3c a share (in svm script- which has since lost 30% of value ) wasn't enough to tempt the majority of holders into selling.
    Personally I'm happy to hold, playing the long game and value adding to the share price with a ML on top of a great resource.

    (Queue chad commenting that we're still waiting for ML!)

    Let's not forget that svm wanted to buy CLA becuse they knew that they have a great resource and they knew that a ML was going to come at some stage, otherwise they wouldn't have offered their underwhelming script.
 
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