CLA 0.00% 1.1¢ celsius resources limited.

CLA chart, page-2962

  1. 648 Posts.
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    Cla is very much tied to the cobalt price and unfortunately we all know the cobalt price and forecast reports coming out at the moment aren't what they were 6-12 months ago

    Looking at Cla now, we need to show the market at what cobalt price we can be economical. The latest announcement is significant because if we can reduce both Opex and Capex straight off the bat and show financial viability at today's prices or lower then the rest will take care of itself as our non DRC resource is significant

    Unfortunately the cobalt price has put a dampener on those big blue sky evaluations, but It's a good resource which I think will be well sort after once it's progressed further 
 
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CLA (ASX) Chart
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