CLA 10.0% 1.1¢ celsius resources limited.

CLA chart, page-3643

  1. 996 Posts.
    lightbulb Created with Sketch. 55

    https://hotcopper.com.au/data/attachments/1592/1592859-8387914bc01dd01e4f776acc55526de7.jpg

    - Happy with today's trading activity. I think price should hit the 6's pretty quickly, as indicated by @Patterns chart and also trade depth (although could be deceiving at times). Hopefully, the SP can then consolidate at high 5's to low 6's.
    - With potential news on offer (potential JV/offtake partner for our cobalt project, potential new project, potential cobalt price increasing rapidly etc), this should gap up to 9.8c easily.
    - @liquid111 Although the cobalt price on LME is decreasing, this is unnecessary, as companies form agreements based on a longer term view of battery minerals compared to current prices. I dare anyone to defy me, as I have said before, cobalt is probably one of the most, safest battery minerals we can invest in now due to it being necessary in EV batteries for thermal sustainence, cathode etc. Although there's some talk about cobalt replacements, IMHO, this is complete bs, The likelihood of generating a replacement that can be mass-produced and supplied over a short period of time given recent news of car manufactueres turning all their attention to electric car will never happen. WHERE IS ALL THIS NEEDED COBALT GOING TO COME FROM??
    - The fact that we have the most undervalued cobalt resource, our cash position, cobalt being a safe investment, emperor Brendan looking for a project, potential takeover offer for our cobalt project at this smashed SP since last year (like NZC), or offtake/JV partner for our project makes CLA
    the most safest, low-risk, high reward play.

    Hopefully us long terms who bought in the 20's get rewarded, and for those short term traders (as its mentioned in the day trading forum) are looking for a pip or two, this stock ain't for you!
    Last edited by Anderson101: 13/06/19
 
watchlist Created with Sketch. Add CLA (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $28.28M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $52.97K 4.815M

Buyers (Bids)

No. Vol. Price($)
2 761818 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 3209134 7
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
CLA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.