I think some people around here need to take a step back and think about why they invested here.
Over the next couple of months we should receive:
¤ The results of the latest drilling (NW anticline + other targets identified in EM survey)
¤ Upgraded JORC
¤ Amended SS.
While these may not move the SP we should have a much better idea of the overall viability of the project sometime in April.
From there depending on the numbers in the SS and later in the year PFS it's just a matter of waiting for when the cobalt price corrects back the other way again. If CLA can manage to continue to progress the project at the lows in the cobalt price, the company should be ready to take full advantage in any uptick when it comes (one of the blessings of raising cash when we did).
CLA chart, page-3098
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $35.54K | 3.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2480023 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4234832 | 6 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |
