Great Post Jskl76 23/03 12:50Covers the realities of CLA past...

Great Post Jskl76 23/03 12:50

Covers the realities of CLA past present and future very well

Seems IMO Swissgold's posts are far from this reality of CLA and the Australian Mining Scene
And how he expects his 'Swiss mates' and PG to Just step in and get CLA's share price up to 12c without a significant
increase in cobalt price and improvement in Mets and Mine Plan Is Beyond Me

As Jskl76 points out where is the cobalt going to come from ?
Once the EV/Batt. sea change takes hold
Just look at one city all the cars bus's going around
Noisy Inefficient Air polluting
Multiply this by all the City's And Town's in the World
Its Massive

The Car & Battery Manufacture's know this and are presently planning and building to meet this huge long term sea change

Then Look for and think about the number and size of Mines capable of producing this (not easy to Produce cobalt)
Clearly there is a huge miss match to the longer term demand

And with cobalt price down so much from its peak (ie what companies where prepared to pay)
Where do you think its going to go?

CLA is well positioned for this
Thanks to all the risk taking Geology, Drilling, Metallurgy Work they have done
And IMO need a mining company with appropriate cobalt/copper mining track record and good balance sheet to farm in or what ever
And work with CLA's massive cobalt/copper Opuwu area and resource
Improve Mets Mine Planning and Mining techniques

And with the highly probable upward redress of cobalt price
Get CLA's Opuwu project into viable economic long term Mine and cobalt/copper supplier

These are the realities and the only reasons that CLA's MC, Share Price and Return to Shareholders are going to improve

All IMO