CLA 9.09% 1.0¢ celsius resources limited.

Ann: Half Yearly Report and Accounts, page-4

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  1. 2,520 Posts.
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    "Subsequent to the end of the Half, the Company announced it was slowing evaluation work on the Opuwo Cobalt Project due primarily to the low current and short term forecast cobalt price.
    Studies with long lead times, such as environmental studies as part of the Environmental Impact Assessment required for the PFS will be continued, as will required relatively low cost metallurgical process and mine planning optimisation work.
    When the cobalt price improves the board will reassess the opportunity to once again accelerate the evaluation of the Opuwo Project."

    I imagine as part of this statement we will get a drilling update soon, then after that an updated JORC. Can't hurt to have those 2 knocked off.
 
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