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.
Better grades? Maybe check that one. Bigger resource? Yeah sure....
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CLA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $32.47K | 3.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3347195 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4426374 | 9 |
View Market Depth
| Last trade - 13.59pm 28/11/2024 (20 minute delay) ? |
| CLA (ASX) Chart |
