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7.5¢ caspin resources limited

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Headcase

57 Posts.

14

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 7.5¢		Change 0.000(0.00%)		Mkt cap ! $7.07M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	19744	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	1500	1

View Market Depth

No.	Vol.	Price($)
1	19744	0.072
1	33492	0.067
1	7500	0.066
2	30000	0.062
1	27000	0.061

Price($)	Vol.	No.
0.073	1500	1
0.075	124773	2
0.077	35000	1
0.080	3289	2
0.083	7371	3

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