Big day for CLA tomorrow. The current market capitalization ("MC") of another ASX company with a JORC Cobalt resource values each tonne of Cobalt at A$2295. CLA's current MC = A$96m which implies that the market is expecting a minimum JORC Cobalt resource = 96m/A$2295 = 42ktns (Unadjusted for jurisdictional risk). CLA's current exploration target is 35mts ore for 56ktns Cobalt. Might just make it.
Please DYOR
- Forums
- ASX - By Stock
- CLA
- Ann: Trading Halt
CLA
celsius resources limited.
Add to My Watchlist
12.5%
!
0.7¢
Ann: Trading Halt, page-87
-
-
Top Stories
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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.
