About the Opuwo Cobalt Project
Celsius is aiming to define a long life, reliable source of cobalt at Opuwo. The Company considers the Project to have the following advantages:
Large scale.
Favourable mineralogy: cobalt and copper sulphide minerals.
Low in deleterious elements: notably arsenic, cadmium and uranium.
...
The above is a cut and paste from the announcement 13/3/18. It's certainly why I'm holding. Without having lab results and composition of the various possible cobalt sulphides within the orebody its pretty senseless to try and do a precise calculation about processing costs etc.. Having some background in chemical engineering tells me that there are too many variables so I'm not going to try and put numbers to it. But this is why I'm holding this particular stock.
The grades and the consistency make CLA viable. The chemistry is what I think is will make it profitable ... hopefully for all of us.
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Open | High | Low | Value | Volume |
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6 | 2423877 | 1.4¢ |
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Price($) | Vol. | No. |
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1.5¢ | 5743736 | 5 |
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7 | 5451844 | 0.013 |
5 | 3525835 | 0.012 |
6 | 3184666 | 0.011 |
12 | 3355806 | 0.010 |
Price($) | Vol. | No. |
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