CLA 8.33% 1.1¢ celsius resources limited.

CLA chart, page-2289

  1. 1,520 Posts.
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    At the end of the day sitting down here valued at 78 million AUD market cap- with 12 mill cash in the bank its ridiculously cheap.

    We kinda know from the latest drill results were gonna have a resource size increase to around 145,000 tons Co/Cu /Zi. that in effect values our metal in the ground now at 66 million AUD.

    thats USD 320$ a ton in situe value. (other potentially viable ASX Co Jorced resources are all valued in are all in their 1,000's)

    IMO from the evidence I personally calculate/expect Im guessing the scoping study could show a production rate of 45,000 a ton..... But even at 50,000 USD a ton.... at todays metals prices that means we should get approx (very roughly calulated) net profits of :
    20,000 a ton on our Co
    5,ooo a ton on our Cu
    2,000 a ton on our Zi
    = roughly USD 27,000 a ton for all.- (lets call it USD 18,000 after tax of 30%)
    So IMO just from my own very rough rule of thumb calcs the market is discounting our proven consistant metal in the ground to just 1.8% of its value- thats a 98.2% discount. (other asx's Jorc in situ resources are usually discounted to around 5% of their value)

    I think that just comes down to more marketing needed.
 
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