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8.0¢ caspin resources limited

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Headcase

57 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 8.0¢		Change 0.000(0.00%)		Mkt cap ! $7.541M

Open	High	Low	Value	Volume
7.9¢	8.0¢	7.9¢	$2.442K	30.80K

Buyers (Bids)

No.	Vol.	Price($)
1	85480	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	3252	2

View Market Depth

No.	Vol.	Price($)
1	85480	0.079
1	45893	0.078
1	50000	0.076
3	124458	0.075
2	50135	0.074

Price($)	Vol.	No.
0.080	3252	2
0.083	6000	1
0.085	90972	1
0.090	75746	2
0.100	9999	1

Last trade - 10.47am 21/05/2024 (20 minute delay)


Last 7.9¢			Change 0.000 ( 1.25 %)
Open	High		Low	Volume
7.9¢	7.9¢		7.9¢	4475
Last updated 15.58pm 21/05/2024 ?

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