CLA celsius resources limited.

just one last point on the Co sulphide side - it just goes to...

  1. 579 Posts.
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    just one last point on the Co sulphide side - it just goes to show the high leverage CLA potentially has to the Co price rise.

    for example Hartleys resrearch report called it to 19 cents based on (I believe) 60,000$ dollars a ton for Co.

    So if CLA production costs are around 40,000$ a ton (as was guessed at and implied to me long ago by BB before any mine planning) then CLA profit is only 20,000$ a ton.

    However if CLA selling at 120,000$ a ton- then profit per ton is 80,000$ - thats a 400% increase in potentail profitability- with cobalt price up just 50% - this is what I'm saying just think it through- the sulphide being doable is huge news alone- for anyone who thinks about it a bit more than JUST JORC size and exploration potential etc etc...

    so when the comming "cobalt cliff " hits ...we gonna fall up it not down it and with leveraged acceleration....
 
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