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CLA Celsius Resources Limited

0.50
-0.025 (-4.76%)
Last Updated: 13:01:28
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 -4.76% 0.50 300,000 13:01:28
Bid Price Offer Price High Price Low Price Open Price
0.45 0.55 0.525 0.50 0.525
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec AUD 1,000 AUD -2.34M AUD -0.0010 -10.00 12.75M
Last Trade Time Trade Type Trade Size Trade Price Currency
13:01:19 O 300,000 0.50 GBX

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Date Time Title Posts
11/11/202408:28Celsius Resources (CLA)62
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 21/11/2024 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 0.53p.
Celsius Resources currently has 2,427,913,000 shares in issue. The market capitalisation of Celsius Resources is £24,279,130.
Celsius Resources has a price to earnings ratio (PE ratio) of -10.00.
This morning CLA shares opened at 0.53p
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 Project



Currently 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 01/5/2024 04:02 by the count of monte_cristo
Currently up 20% on the ASX. Rather strange how this one has zero interest on ADVFN just me here talking to myself, baffling really when this is a very large call option on copper with multiple projects!

Reading on the HotCopper boards that WH Ireland have a new price target out due to the progress with the mining permit and consequent reduced risk rating, increasing copper price and strong interest in the MCB project. Price target upped to 6p now, as opposed to the current price of 0.6p :)






19 Apr 2024 BST

Copper price to support further upside

The analysts’ valuation is based on a long-term copper price of US$8,800 per tonne, compared to the price at the time of its report in January of around US$8,400 per tonne. However, copper has since spiked above this level to its current price of above US$9,500 per tonne. Copper prices above WH Ireland’s long-term price forecast would have a significant impact on our valuation of Celsius.

WH Ireland summarised its view of Celsius, saying “Celsius has a compelling portfolio of copper projects that offer, subject to funding, the potential to generate near-term revenues that could provide the platform to develop long-lived mining assets.

“With near-term, low-cost revenue potential, paired with growing copper demand and a lack of new near- and mid-term operations coming online, we believe Celsius is well-positioned to benefit from the next copper boom. We see fair value in Celsius at 4.6p/share/A$8.8c/share.”
Posted at 30/4/2024 07:34 by the count of monte_cristo
Me likey..



MAALINAO-CAIGUTAN-BIYOG COPPER-GOLD PROJECT ("MCB PROJECT"),
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 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.
Celsius Resources share price data is direct from the London Stock Exchange

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