CLA hold $6m cash, nil debt and market cap of $8m.
CLA new Lachlan Fold Belt gold district acquisition borders SKY massive new gold deposit ..93m @ 4.24g/t Au, and borders ALK huge gold deposit as well .
Make no nistake,CLA is about to multibag imo, the highly prospective acquisition was purchased for 23m CLA shares, this alone will amount to a huge run, but, this is imo one of the best Gold acquisitions on the ASX, and given CLA are rolling in huge cash balance for a small cap, I believe we will see a massive re rate upwards in coming days and weeks...
Do yourselves a favour and research the Lachlan Fold Belt gold district...The giant Newcrest Cadia Hill gold mine is smack bang in the middle..
This makes CLA very cheap at this crazy low level.
All the best to holders
drifta
Best Lachlan Fold Belt GOLD explorer on the ASX
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $26.70M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.0¢ | $62.57K | 5.741M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 6353631 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 733849 | 2 |
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| Last trade - 12.30pm 31/07/2024 (20 minute delay) ? |
| CLA (ASX) Chart |