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.
- Forums
- ASX - By Stock
- Ann: Agreement with ASM to Evaluate REE Potential - Mt Squires
Hi @HeadcaseI'm not familiar with this project. A quick look at...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CPN (ASX) to my watchlist
|
|||||
Last
6.2¢ |
Change
-0.005(7.46%) |
Mkt cap ! $5.844M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.0¢ | $16.35K | 259.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50822 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 2547 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50822 | 0.062 |
1 | 2000 | 0.061 |
2 | 45750 | 0.060 |
2 | 35344 | 0.058 |
1 | 30000 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 2547 | 1 |
0.072 | 20657 | 1 |
0.073 | 60417 | 2 |
0.075 | 189773 | 2 |
0.080 | 3289 | 2 |
Last trade - 15.29pm 24/06/2024 (20 minute delay) ? |
Featured News
CPN (ASX) Chart |