CPN
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0.00% 5.7¢ caspin resources limited

Ann: Widespread REE Mineralisation Across Mount Squires, page-16

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  1. ezirida
    6,415 Posts.
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    01/06/23
    21:03
    Post #: 68088090
    don't forget 22m @ 1.2% TREO = 22m @ 12000ppm TREO + much higher proportion of Dy Tb

    MEI with MC of $447M is in ionic clay but the resource sounds high grade @ 2200ppm but that is actually 0.22% TREO

    CPN is hard rock so the comparison is complicated but what they are looking at is certainly high grade and worthy of interest if they were reporting in ppm it would look much more impressive to mug punters

    despite the despicable state of the share price, i see prospectivity here..

    GLTAH
    CPN Price at posting: 25.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 5  Great analysis
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