Next Investors logo grey

Hartley’s views appointment of Borg by Celsius as a ‘huge coup’


Published 29-MAR-2017 15:57 P.M.


2 minute read

Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.

In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.

The below articles were written under our previous business model. We have kept these articles online here for your reference.

Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.

Click Here to View Latest Articles

Finfeed presents this information for the use of readers in their decision to engage with this product. Please be aware that this is a very high risk product. We stress that this article should only be used as one part of this decision making process. You need to fully inform yourself of all factors and information relating to this product before engaging with it.

News that highly experienced and well-credentialled consultant geologist, Brendan Borg, had been appointed as Managing Director of Celsius Resources (ASX:CLA) triggered a significant increase in the company’s share price after it was announced on Wednesday morning.

This isn’t surprising given the experience he brings to CLA at a time when it is looking to develop the Opuwo cobalt project in Namibia. Not only has Borg specialised in the battery materials sector, with involvement in various lithium, graphite and cobalt projects, he has a deep understanding of managing projects in Africa.

The Opuwo cobalt project is located in north-western Namibia, approximately 800 kilometres by road from the capital, Windhoek.

Over a period of 20 years, Borg has gained experience working for both small and large companies, including multinational players such as Rio Tinto and emerging producers such as graphite group Magnis Resources.

Importantly, Borg also has an intimate knowledge of the Opuwo project, as he was instrumental in quickly initiating the drilling program that is currently underway.

It should be noted here that this is an early stage play, so investors should take a cautious approach to their investment decision and take all publicly available information into account.

In commenting on his appointment, Borg said, “I am excited to have the opportunity to drive the company’s plans to rapidly evaluate and potentially develop the Opuwo cobalt project in an environment of sustained global demand for cobalt and other battery related minerals that are key to the uptake of new energy technologies”.

Hartleys analyst, Mark Sandford, described Borg’s appointment as a ‘huge coup’ saying, “Brendan is highly regarded in the energy metals and battery space and is considered a world leader in the field, having consulted for many of the lithium, graphite and cobalt companies on the ASX”.

Sandford noted that Celsius is the first company that Borg has wanted to be involved in at a higher level which gives us (Hartleys) a high level of confidence in the project’s merits.



General Information Only

S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.