CLA 4.35% 1.2¢ celsius resources limited.

Ann: Response to ASX Price and Volume Query, page-8

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  1. 1,332 Posts.
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    Oh how I hate the ASX.

    ”The Company is not aware of any other explanation, however the Company notes its 95% interest in the Opuwo Cobalt Project and recent improvement in the prevailing cobalt price, in addition to its strong cash position of approximately $7.9 million as at 31 March, 2019. Also, as the Company has previously announced, it is evaluating additional opportunities since slowing work on the Opuwo Cobalt Project, and will update the market in due course should any of these opportunities be advanced.”

    i feel like that was definitely written a bit tongue in cheek.

    Anyone following this stick knows it has effectively become an option. Highly leveraged to the price of cobalt. The ASX are useless though.
 
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