When I listened to Richard Bevan's webinar with the reasoning for the sellout (with all the implications of the word) linked to the SP chart. CZI seemed more positive than myself on Caspin. Taken in conjunction with Salpetie who is an experienced exploration geologist. Depending on how much they want to raise at IPO I'm thinking the IPO price will be closer to 50c than 20c.
In reality they will test the water with brokers see at what price/volume it can be underwritten to. Goose it with mid or long dated options and get what they can.
