Thank you bookmop. My take is that just about every gold explorer has been hammered since 2021, and CEL is no different. People much smarter, richer, and with better track records are investing and the price is at a low despite gold running... To me that's a buy.
The one bit I don't like was that the numbers were done with NPV5, which is absurd when that's the risk free rate, but considering that the Scoping Study was done at a much lower gold price, and that the project has significant upside, I can forgive that.
CEL Price at posting:
8.3¢ Sentiment: Buy Disclosure: Not Held
