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CLA Celsius Resources Limited

0.75
-0.025 (-3.23%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Celsius Resources Limited LSE:CLA London Ordinary Share AU000000CLA6 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  -0.025 -3.23% 0.75 0.00 14:00:05
Bid Price Offer Price High Price Low Price Open Price
0.70 0.80 0.775 0.75 0.775
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec AUD 26k AUD -5.73M AUD -0.0026 -3.85 22.11M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.75 GBX

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Date Time Title Posts
19/3/202402:07Celsius Resources (CLA)25
07/10/202318:39Celsius Resources Ltd3
14/1/202306:00Capital leasing ------------A capital Idea?485
15/7/201013:33Cordillera to buy anything before hell freezes over?!185
13/5/200808:07Capital Lease Aviation-

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Posted at 28/3/2024 08:20 by Celsius Resources Daily Update
Celsius Resources Limited is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker CLA. The last closing price for Celsius Resources was 0.78p.
Celsius Resources currently has 2,211,052,000 shares in issue. The market capitalisation of Celsius Resources is £22,110,520.
Celsius Resources has a price to earnings ratio (PE ratio) of -3.85.
This morning CLA shares opened at 0.78p
Posted at 18/3/2024 05:23 by the count of monte_cristo
Total Issued Capital 2,246,051,662

Market cap at 0.75p = 16.8m GBP (not the 44m detailed in the header, ADVFN's calcs are incorrect!)

I have capitalised the key words below, 'SEVERAL INVESTORS':) These copper porphyries are massive money makers, just throwing off cash for decades.



While waiting for the issuance of a mining permit, ground activities were kept to a minimum while preparing for the pre-development phase. Included in the preparation is the signing of a Memorandum of Agreement ("MOA") with the Provincial Government Unit of Kalinga to jointly develop the road alignment for the MCB Project's access from mine site to port[2]. The Company has SEVERAL INVESTORS ready to commit the required FUNDING to develop the MCB Project ONCE the mining permit has been secured.
Posted at 18/3/2024 00:54 by the count of monte_cristo
The market has responded enthusiastically, sending CLA shares climbing as much as 53.85% in the first hour of ASX trading to A$0.02.

This permit grants CLA exclusive rights to undertake exploration, development and commercial production of copper and associated minerals at MCB for the next 25 years, with an option to renew for a further 25.

It marks the first copper project to be approved in the Philippines in 15 years, opening the path to mine development at the MCB Copper-Gold Project in northern Luzon.
Posted at 16/3/2024 07:36 by the count of monte_cristo
Sourced from the Hotcopper board;

None of this constitutes financial advice so please DYOR.

I have run some numbers on MCB that some of you may be interested in.

This is largely based on the GCS spreadsheet in the back of their report from when CLA was purchasing Makilala that I've recreated as a calculator of NPV. I am not a mining engineer and I don't work in the Philippines so it uses most of the assumptions from the original GCS spreadsheet except I have changed the mine throughput to 2.28Mt/annum, included 2.5% pa inflation on the price of copper and gold (GCS only applied it to costs), and extended the mine life to 21 years.

Gold and copper head grades in line with the values used in the MCB Scoping Study (0.54g/t Au and 1.14% Cu). It may be a stretch for them to hit those grades over 21 years but considering the announcement from 4th July 2022 they hit 611.4m @ 1.39% Cu and 0.75g/t Au it seems a reasonable assumption.

Cu price = USD8,968/t
Gold price = USD2,150/oz
USD/AUD = 0.67

Over 21 years (all values in AUD)

Mine Revenue = $11B
Royalties = $1.2B
Mine Net Revenue = $9.8B
Mine CAPEX = $400M
Mine OPEX = $2.5B

NPV@8% = $1.4B
NPV@10% = $1.05B
NPV@12% =$820M
IRR = 42%

Assuming 2.24B SOI this gives a share price range of 36.6c to 62.5c for MCB only if finance is sorted and the mine is in production. Further upside potential for Sagay.

Once the MPSA and funding are sorted we could potentially expect 20% of this value to be realised so 7.2c to 12.5c

Prior to funding but with the MPSA signed 10% of NPV range or 3.7c to 6.3c could be possible.

Upcoming price catalysts are;

- Award of the MPSA for MCB
- Announcement of finance for MCB
- DFS and FID for MCB
- Scoping Study for Sagay
- PFS and MPSA for Sagay
- DFS and FID for Sagay
- Sale of Opuwo?

Likely some incorrect assumptions on development and operations costs and the Cu and Au prices are quite high so please DYOR and IMO only.

A big shout out to Peter and Sarge and the rest of the team at CLA that have made some truly amazing progress with the MCB project in the Philippines over the last 12 months.
Posted at 31/1/2024 11:27 by the count of monte_cristo
All about that mining license...



Closing cash as at 31 December 2023 of A$2.047 million

...The Company has several investors ready to commit the required funding to develop the MCB Project once the mining permit has been secured.
Posted at 18/1/2024 12:53 by the count of monte_cristo
Upcoming price catalysts are;

- Award of the MPSA for MCB
- Announcement of finance for MCB
- DFS and FID for MCB
- Scoping Study for Sagay
- PFS and MPSA for Sagay
- DFS and FID for Sagay
- Sale of Opuwo?
Posted at 03/2/2023 15:17 by andrbea
LSE
poster on 30.1.23

This lse page now changed name, so looks like this is going to be the place, cla supposed to list on aim today apparently. Been looking forward to this one.

The contained copper within this company via jorc resources stands out especially - in <100m usd mcap range.

The Namibian cobalt opportunity is massive but imo barely has any value 'priced in' (at <£15m ipo) at present as they, so far, I understand, can't get the the economics from a met work angle. If they could solve that (which they are actively trying) - very happy days (the asset is looks to have global significance), imo.

Philippines is on the up, imo, for miners, despite apparent ongoing regulatory headwind, action of knowledgeable, 'up to speed', experienced, 'on the ground' entites bodes well.

They look to be closing in the the mcb mpsa - likely H1 2023 imo.

AIMO ATB
Posted at 14/1/2023 06:00 by russman
CLA has no jets anymore.
In the latest Annual Report, Jeff's salary & "admin" fees have not gone down.
Must be hard work managing CLA now.
Posted at 24/9/2021 05:27 by russman
I believe that AVAP bought CLA's last jet to rake up enough collateral for their bond rollover.
So CLA has no fleet.
If this is confirmed, Jeff has committed a financial crime against the CLA minority. Therefore we will be seeking "redress".
Posted at 02/7/2019 04:37 by russman
The error in the last Final Accts is noted.
Note 22: Share Capital vs statement of capital filed at Co.House.
The Directors signed the balance sheet.
The statutory auditor did not complain.
It appears CLA cannot count outstanding shares; let alone planes & leases.
I am sure the AVAP consolidation will be fixed soon too.
Posted at 18/2/2018 08:10 by russman
The latest clanger.
According to Companies House, the nominal share capital is now over £92m.
Celsius Resources share price data is direct from the London Stock Exchange

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