Better grades? Maybe check that one.
Bigger resource? Yeah sure. Better profitability at current prices? Not a chance.
CLA is an optionality play on metal prices. Scoping study etc has been hiccups along the way but the real drive of the up and down has been Cu + Co prices. Cu on the way back up and Co maybe bottoming is good for CLA. If they can show profitability at reasonable metals prices CLA will continue to be a good bet for a rising price environment. Next few months probably make or break for the company in terms of that feasibility and if metals rebound can follow through.
CLA chart, page-3213
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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 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |
