CEL challenger gold limited
Add to My Watchlist 2.27% ! 8.6¢

If you have been watching the SP over the last 18 months you...

  1. Ty Cat Mac
    2,252 Posts.
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    06/06/23
    14:32
    Post #: 68155253
    If you have been watching the SP over the last 18 months you would have noticed an inverse correlation between very encouraging announcements & the associated decline in the SP: Great announcement, down goes the price - from 31c in January 2022 to 15c today

    You asked what might move the SP north - I offered 20M oz - would you like another number? I can pluck one out of the air just like I did with 20m oz. How about 30?

    KK still sticks with 2 x 2 for the SP (from when it was 30odd cents) so that takes the SP to $1.20

    The only way it will get there is:
    1. A super huge MRE for EG
    2. A Super boost to the MRE for Hualilan
    3. A major recognising the value in 1 & 2 making a t/over offer
    CEL Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
8.6¢ 		Change
-0.002(2.27%) 		Mkt cap ! $177.6M
Open High Low Value Volume
8.8¢ 9.0¢ 8.4¢ $214.3K 2.472M

Buyers (Bids)

No. Vol. Price($)
1 8163 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.7¢ 159690 3
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
CEL (ASX) Chart
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