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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Celsius Resources Limited | CLA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.025 | -4.76% | 0.50 | 13:01:28 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.525 | 0.50 | 0.525 | 0.50 | 0.525 |
| Industry Sector |
|---|
| INDUSTRIAL TRANSPORTATION |
| Top Posts |
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Posted at 27/6/2024 10:17 by the count of monte_cristo The group for CLA on Telegram |
Posted at 27/6/2024 03:07 by the count of monte_cristo Celsius Resources MCB Copper-Gold ProjectCurrently up 15% on the ASX to 0.015 AUD = 0.0105 GBP - some disparity now between the ASX price and the LSE price. |
Posted at 24/6/2024 01:50 by the count of monte_cristo Large volume on the ASX, and currently a tick up in the share price Hmm.... |
Posted at 04/6/2024 12:07 by the count of monte_cristo Nice mention for CLA |
Posted at 03/5/2024 07:17 by the count of monte_cristo CLA have TWO copper porphyries... |
Posted at 01/5/2024 09:35 by the count of monte_cristo See the recent presentation, the replacement drilling costs on just the MCB projec are equal to the current market cap. Compare the 22 year mine life of the MCB project, AISC costs, the capex, the production rates for copper and gold against the El Domo project and one can start to get a better understanding here. One does need to factor in the 40% project ownership though.So, I think Silvercorp won't come back for CLA now as they will need to fund the development in Ecuador. |
Posted at 30/4/2024 07:34 by the count of monte_cristo Me likey..MAALINAO-CAIGUTAN-BI PHILIPPINES (40%) "The Company has been interfacing with potential investors who have shown resounding interest and will now proceed to continue discussion to advance funding and partnership options to proceed with the development of the MCB project". BOTILAO COPPER-GOLD PROSPECT (40%) During the quarter, a comprehensive review of historical data was undertaken to gain a better understanding of the area's mineral potential. Research and utilisation of remote sensing techniques were also performed to identify structural features and select promising exploration targets. OPUWO COBALT PROJECT, NAMIBIA (95%) The Company is in early-stage discussions regarding a potential transaction with a strategic partner/s concerning the disposal of the Company's 95% interest in the Opuwo Project or part off. Any transaction undertaken by the Company will be subject to the negotiation and execution of a binding agreement. The Company will make an announcement in accordance with its continuous disclosure obligations in the event that negotiations complete and a binding agreement is executed. SAGAY COPPER-GOLD PROJECT, PHILIPPINES (100%) The approval of the Declaration of Mining Project Feasibility (DMPF) along with the issuance of the Environmental Compliance Certificate, which are currently ongoing government evaluation procedures, triggers the next stage of the permitting process leading to a mining permit that would enable the development and operations of the Sagay Project. |
Posted at 10/4/2024 15:27 by the count of monte_cristo SVM tried to takeout CLA last year, they still hold a 12% stake or something. |
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. |
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