We have revised our fair value for Celsius following the recent awarding of a mining permit for the Maalinao-Caigutan-Biyog (MCB) copper project in the Philippines. We see fair value at 6.0p (~ AUD$0.11p) as we reduce our risk rating on the granting of the mining permit.
30 Apr 2024
Celsius Resources - Upward revision of our fair value on reduced project risk
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Celsius Resources - Upward revision of our fair value on reduced project risk
Celsius Resources Ltd. (CLA:ASX) | 0 0 0.0%
- Published:
30 Apr 2024 -
Author:
Paul Smith | David Seers -
Pages:
5
We have revised our fair value for Celsius following the recent awarding of a mining permit for the Maalinao-Caigutan-Biyog (MCB) copper project in the Philippines. We see fair value at 6.0p (~ AUD$0.11p) as we reduce our risk rating on the granting of the mining permit.