CLA 10.0% 1.1¢ celsius resources limited.

Better grades? Maybe check that one. Bigger resource? Yeah sure....

  1. 7,151 Posts.
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    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.
 
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