Scoping Study & Capex - Sulphides vs Laterites, Why CLA is so well positioned, page-46

Mates....for all the talk of maiden jorc and will it go up or down after -is almost quite irrelevant to me actually - as I'm not a seller for ages yet even if a not great JORC (unlikely) . But of course nice if it goes higher though as I've loaded in so many mates in from 10-15 cents - also my CLA account makes me feel richer at least while up!!.

but for me its like this:
1. if maiden jorc of 10 mill tons or more thats fine- (i thinking 18-20 mill now)
2. ANd ...just as ANS says a big fat proven exploration target is probably much more important long term
(As in theory both of these can be increased quite easily IMO)
3. Then SS soon for me is the big one for us and company.- My gut feel is it will surprise us to the upside. this isnt too far off now after jorc delay.

4. then an Ann (or maybe its before SS ) of a new succesful cash raise to big reign instos or a big end user.
5. then ann for offtake agreement of JV with massive end user (VW/Toyota/LG etc...)
6. then ann/anns of more proving up of the resource- plus decent hits in the northern and outlying tenement areas (thats huge too)-maybe feeder zone???
7. then ann of better confirmation of ability for sulphate production and amounts.
8 then is it PFS? or straight onto bankable feasability?.

IMO we'll by most logic be at or over 1 dollar a share by then. That could maybe all be within this year the rate BB and team are going. Frankly All the rest is naff white noise (of which I am as guilty of making as anyone...cos its fun and interesting and were all learning as we go)

Then next year all the succesful bank financing and heading for production ANNs.............and on and on ...climbing the stairway to heaven...step by step. (fingers still crossed behind me back as I type ...pretty clever trick eh?)

just back inPhuket after a week in busy Bangkok - jeeez its great being back home here. beutiful day!