News & Updates

• Both MCB and Sagay copper-gold projects have established potential routes to production.
• MCB has the potential to generate revenue for over 25 years, with further resource expansion likely.
• Celsius is strategically positioned to benefit from the significant global demand for copper driven by electrification and supply disruptions.
• Increased resource estimates, project optimisation, and near-term production milestones could significantly boost Celsius’s value.

Celsius Resources Limited (ASX/AIM: CLA) is well-positioned to capitalise on the burgeoning copper market, financial services company WH Ireland has revealed in a research note.

Subject to approvals and funding, WH Ireland believes the Company’s portfolio of advanced projects, near-term production potential, and favourable long-term outlook, presents a compelling proposition.

“We believe Celsius is well-positioned to benefit from the next copper boom,” WH Ireland said in the note.

“We see fair value in Celsius at AU$8.8/share (4.6p/share).”

To read the full research note, please click here.