Also great to see that the pundits (this time in...

Also great to see that the pundits (this time in miningreview.com) is reporting on the strong investor support for Celsius Resources, noting that it received double the cash it was seeking in its share purchase plan which closed on 18 May 2018.Check it out: https://www.miningreview.com/namibia-cobalt-project-in-hot-demand/

"Commenting on the SPP, MD Brendan Borg commented: “This is an excellent result and I would like to thank our shareholders for their strong support. Along with the completed placement we are well positioned to advance the Opuwo cobalt project and we look forward to continuing to progress the studies on the project as quickly as possible.”

"The funds raised from the SPP and the recently completed $9 million placement will be used primarily to fund the progression of the Opuwo cobalt project, including:

• Completion of the project scoping study (already well advanced, due June 2018);
• Completion of a pre-feasibility study;
• Resource infill and extension drilling programme;
• Exploration of additional targets identified across the broader project area, including newly acquired licences;
• Commencement of a bankable feasibility study (assuming positive scoping study/pre-feasibility study outcomes); and
• Working capital"