Funny how the " let's be realistic posts "always occur over a trading halt.
In case you are serious I suggest you do further research. CLA has already hinted that further strikes are likely either side of the 10 km are that is currently the focus of the 112 Mton JORC.
From the March 2018 release
https://hotcopper.com.au/threads/ann-kaoko-kobalt-project-presentation.4099432/#.WtnOLYhuaUk
Hosts the possible continuation of Celsius Resources’ Opuwo cobalt –copper bearing ‘DOF’ horizon Project contains ~27km of prospective DOF equivalent in three areas
Additional, very large ~20km x 5km long Cu-Co soil anomaly associated with magnetic anomaly – potential DOF Cu-Co source?
******* Additional, very large !!! ********
The current price of course reflects that at this early stage this is highly speculative and still be confirmed with market released drill results but I am sure a director buying 35 worth of share last week was not doing so for yet another CR to send the SP below 5 cents.
CLA is now MC at 134 Million for a JORC of 121 Million tons. Even if they find a viable resource at 10% of CLA's they are fairly valued right now. If they find a resource at 30% of CLA's resource then this CAZ is a 3-5 bagger within 6 months.
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