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7.8¢ caspin resources limited

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Headcase

55 Posts.

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18/04/24

15:55

Post #: 73410379
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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.

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CPN Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.8¢		Change -0.001(1.27%)		Mkt cap ! $7.353M

Open	High	Low	Value	Volume
7.9¢	8.0¢	7.8¢	$9.291K	116.6K

Buyers (Bids)

No.	Vol.	Price($)
1	30000	7.6¢

Sellers (Offers)

Price($)	Vol.	No.
7.8¢	14197	1

View Market Depth

No.	Vol.	Price($)
1	30000	0.076
1	98958	0.075
1	30000	0.074
2	13818	0.073
2	67666	0.072

Price($)	Vol.	No.
0.078	14197	1
0.080	70337	2
0.083	110000	1
0.089	7298	1
0.090	42413	1

Last trade - 13.35pm 13/05/2024 (20 minute delay)


Last 8.0¢			Change -0.001 ( 5.26 %)
Open	High		Low	Volume
7.9¢	8.0¢		7.9¢	71283
Last updated 13.11pm 13/05/2024 ?

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