CLA celsius resources limited.

Good summary funtimes. Thanks for that. Theres a few things I...

  1. 579 Posts.
    lightbulb Created with Sketch.  304
    Good summary funtimes. Thanks for that.

    Theres a few things I would add. But ill do that when everyone has left town....(this presentation turned out to be essentially a 4 day bender!!) and that Diggy is party monster!!-a bad man.

    Just to sumarise The few points of positive new note to me I learned over the weekend are

    1. This cones with one Huge caveat here - (ss is under way and as BB said he cant say anythng sure now as they are still in 8+3+? +2+? +?+?+3+? =?) - but from SS model so far it does appear the Capex model could well be considerably lower than some of you round here on HC have been speculating about- again go to NZC as a model in their SS. Again I emphasize -this is my call not BB's. But no autoclaves needed.

    2. The German government gives extremely low interest aid loans to companies helping to develop Nambia (maybe as still feeling guilty about the genocides they comitted there in early 20th century) the mineral resources sector is a main sector for these cheap Capex loans. Especially if say its in conjunction with say a large German company (cough! cough! read between the lines boys) so Ideally it benefits both Nambia and Germany -lets say by assiting to keep dirty VW diesel cars off the road in German city centres (some have banned or are setting up bans on diesel cars now!!) ??. (cough cough again)

    3. The value added Coblat sulphate heptahydrate looks like its a goer so far-which is huge good news.-Again a caveat - this will only be confirmed at SS time. But so far looking good.

    4.The tax structure which I have been taking 25% off for my own share price modelling could well be significantly less onerous . Although its rack rated offically at 37%. Thats just on any mining profits. 32% is on any processing profits and the real value adding in Walvis Bay Economic Zone is Tax free for 10 years -then low tax thereafter. Any accountants here can think that one through!!.
    ( mine sells cheap to processing who sells cheap to value adding in WB - they then sell to open market at at open market prices from WB zone!)!-so Ill be looking at no more than 10% tax on my next SP modelling.

    -Plus as our new child - the zinc - has to be individually seperated out anyway in the seperation process so theres no great added cost to then to selling off the zinc for some nice credit also -and that should be more than just beer money.

    talking about beer. money.. .... Hey Diggy line em up, two more Chang yen maks please!.
 
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.