Australia's largest stock trading and investment forum Australia's #1 stock forum

CPN

Click for more information

2.53%

8.1¢ caspin resources limited

Ann: Agreement with ASM to Evaluate REE Potential - Mt Squires, page-10

First 10 Last

Share
Profile

Follow
Headcase

57 Posts.

14

18/04/24

15:55

Post #: 73410379
Share

Originally posted by h0tst0nks: ↑

Hi @Headcase
I'm not familiar with this project. A quick look at the geology is interesting. They are calling it a hydrothermal deposit which I am also not familiar with and seems unusual. They would need to do a lot of work to prove up a technically sound resource. Generally, I am not a fan of junior explorers going after industrial materials - a complex pathway to production with too much inherent dilution. Industrial economics are the biggest factor for a REE project - being so far from the coast wont help, and is an expensive problem to overcome (even for a world-beater like WA1's Luni). Probably a good move to let a bigger company takeover here. As I am sure @AUchemist will say - there is no way to properly assess the economics until met work is completed.

Expand

Thanks so much for your comments!

CPN Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 10 Last

Add CPN (ASX) to my watchlist

(20min delay)
Last 8.1¢		Change 0.002(2.53%)		Mkt cap ! $7.636M

Open	High	Low	Value	Volume
8.0¢	8.2¢	8.0¢	$6.636K	81.22K

Buyers (Bids)

No.	Vol.	Price($)
1	28934	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.1¢	49999	1

View Market Depth

No.	Vol.	Price($)
1	28934	0.079
1	45893	0.078
1	50000	0.076
2	99458	0.075
2	50135	0.074

Price($)	Vol.	No.
0.081	49999	1
0.083	6000	1
0.085	90972	1
0.090	188246	3
0.100	9999	1

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last 8.0¢			Change 0.002 ( 1.27 %)
Open	High		Low	Volume
8.0¢	8.2¢		8.0¢	37536
Last updated 12.18pm 27/05/2024 ?

CPN (ASX) Chart