CLA celsius resources limited.
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Big day for CLA tomorrow. The current market capitalization...

  1. mmoore1957
    736 Posts.
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    15/04/18
    14:18
    Post #: 32464342
    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
    CLA Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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