Welcome to the latest HotCopper Watchlist interview, where we’ve spoken to Celsius Resources (ASX:CLA) executive director Neil Grimes to discuss the latest developments at its MCB Copper-Gold Project in the Philippines, including a recent definitive feasibility study and an institutional placement.
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“This capital raise really strengthens our balance sheet, and puts the company in a really strong position,” Mr Grimes told The Market Link.
“It allows us to maintain all our permits that we already have in place [at MCB], have all our compliance activities maintained to satisfy all the regulations we have, and allows us to do some minor works on our other projects.”
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