I wouldn't be surprised if perhaps we get a little snippet of what's in the Scoping Study as alluded to in the previous update (electricity,water costs done, I believe) before the official release.
I also wouldn't be surprised if LME Cobalt price goes back to $50-$60k/t next few weeks, before the rise in late Q3/Q4 as most seem to be predicting.
The somewhat comforting notion is that they picked up Opuwo project when Cobalt was around $25k/t I believe.
The pullback in price will mean a lot of projects won't go ahead in my opinion
I still believe CLA will be in a favourable place/position, obviously higher the Cobalt price is the better as essentially we are tied to the Cobalt price.
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1.2¢ |
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Mkt cap ! $29.13M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $118 | 9.85K |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 2384429 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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3 | 2384429 | 0.012 |
30 | 12979401 | 0.011 |
23 | 16802995 | 0.010 |
10 | 3076330 | 0.009 |
4 | 820074 | 0.008 |
Price($) | Vol. | No. |
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0.013 | 3516082 | 9 |
0.014 | 3930000 | 7 |
0.015 | 2100000 | 3 |
0.016 | 3155633 | 8 |
0.017 | 2841666 | 2 |
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CLA (ASX) Chart |