Thanks for the post. Yikes, X64 (Formerly Medusa) have had an...

First 6 Last

Share
Profile

Follow
ilovecrispyduck

44 Posts.

77

24/08/22

19:01

Post #: 63302280
Share

Originally posted by Sellier: ↑

Hi,
I would love to attend but could only do so via Zoom as I live in Germany. In any case I'd greatly appreciate if you guys could give us a brief update about the highlights of the meeting once it took place. I bet a lot of fellow shareholders will appreciate that.

Still can't believe that we are trading at this valuation with the kind of copper/gold intersections we have hit at MCB and our already defined JORC resource.

So many copper-gold-porphyry hopefuls out there with a higher market cap and they haven't even hit anything yet.

And here we are with a high grade resource close to surface and with a CAPEX requirement that is a fraction of most porphyry projects. In my opinion the resource is absolutely outstanding and should be recognized/appreciated by the market with a higher valuation than 20 Mio AUD (I won't even mention the Cobalt project as that must have value as well).

I hold shares in another resource company in the Philippines (ASX:X64), which is also significantly undervalued (117 MIO AUD in cash, market cap 130 Mio AUD, producing gold asset with 90koz annual production) and looking for acquisitions in the Asia-Pacific region. CLA comes to mind as a perfect candidate due to its low valuation and its low Capex requirements for MCB.

A scrip merger/takeover would do wonders unlocking the potential of the MCB project and be a win-win for both companies shareholders in my opinion.

Cheers

Expand

Thanks for the post. Yikes, X64 (Formerly Medusa) have had an eventful year eh !

CLA Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

KGL

KGL sniffs 19% Cu from drilling at Rockface play in NT

TVN

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

CUV

British study shows Clinuvel drug effective on DNA of UV-damaged skin

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

RHI

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

There are more pages in this discussion • 32 more messages in this thread...

First 6 Last

Add CLA (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change 0.002(10.7%)		Mkt cap ! $36.41M

Open	High	Low	Value	Volume
1.5¢	1.6¢	1.5¢	$72.21K	4.810M

Buyers (Bids)

No.	Vol.	Price($)
2	1369826	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	7444956	12

View Market Depth

No.	Vol.	Price($)
2	1369826	0.015
13	3457171	0.014
4	2046152	0.013
4	2775835	0.012
9	3381211	0.011

Price($)	Vol.	No.
0.016	7444956	12
0.017	1658953	4
0.018	2823323	7
0.019	1948258	4
0.020	945312	6

Last trade - 13.40pm 05/07/2024 (20 minute delay)

CLA (ASX) Chart

Thanks for the post. Yikes, X64 (Formerly Medusa) have had an...

KGL sniffs 19% Cu from drilling at Rockface play in NT

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

British study shows Clinuvel drug effective on DNA of UV-damaged skin

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks for the post. Yikes, X64 (Formerly Medusa) have had an...

Top Stories

KGL sniffs 19% Cu from drilling at Rockface play in NT

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

British study shows Clinuvel drug effective on DNA of UV-damaged skin

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News