CLA celsius resources limited.

Ann: Opuwo Cobalt Project Maiden JORC Mineral Resource, page-106

  1. 239 Posts.
    lightbulb Created with Sketch.  7
    this narrow low grade resource at only 0.11% Co and 0.4% Cu thin and dipping providing very high strip ratio (se Figure 7) does not look attractive especially given Mcap now $95M ?! IMO only smaller portion this resource would be economic, I expect at the end of the day if CLA ever do mine will be a long shallow pit or trench gouging near surface and using a higher COG so including dilution would have more than just 0.1% Co and 0.4% Cu.
    IMHO and DYOR
    Last edited by Mojo Rising2: 16/04/18
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.