CPN 3.70% 7.8¢ caspin resources limited

I see so many of these announcements - CPN is my largest...

  1. 1,414 Posts.
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    I see so many of these announcements - CPN is my largest Australian based REE spec mining holding rivalled only by a significant Pilbara Gold explorer.

    The market, IMO, is waiting to see actual DFS to prove that the project is economical. exploration is getting done much faster than anyone else in the area except for Chalice/CHN, but they also suffer the same fate of not really supplying studies which demonstrate the project can/will be economically viable.

    It is my belief that Caspin are heavily undervalued 100% because of this reality that the market demands cash flow positive outcomes to be virtually guaranteed to be "investible".

    The advantage I see over Chalice, is that we do not have the issues with the Native Communities in the area that Chalice has come into - to me that is a serious risk to the Chalice project but has not reared its' head with Caspin at this time.
 
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