Caspian Holdings PLC A new focus on Tungsten May 2012
Overview Company information Share price history Pence Ticker: CSH 0.6 Listing: LSE AIM (2004) Focus: Tungsten exploration & development 0.5 La Parrilla tungsten tailings and Primary asset: 0.4 option to acquire La Parrilla…
Caspian Strategic diversification achieved through acquisition of Iberian Resources Spain for a consideration of US1million in December 2011 Comprises the La Parrilla tungsten tailings deposit and the option to acquire the La…
La Parrilla La Parrilla project comprises 100% ownership of the La Parrilla Tungsten tailings deposit and an option to acquire the La Parrilla open pit Tungsten mine Situated in the Extremadura region of southwest Spain, in the…
Strategy Focus: Board and management team focused on bringing La Parrilla tailings project into production within 18 months and developing the large scale mine High Margin: The deposit and tungsten mine development offer a low cost,…
La Parrilla Mine The historic mine resource estimated by SRK in 2008 is 36.0m tonnes at 0.09% WO3 making it one of the largest tungsten deposits in the western world 18 month exclusive option extension to complete the step out…
La Parrilla Tailings Project Tailings project expected to be in production in H2 2013 which is anticipated to deliver over 7million per annum in revenue at current tungsten and tin prices In 2010 a detailed survey of the coarse…
Tungsten Tungsten is a rare metal that is critical to some key applications with no satisfactory substitutes, due to its strength and resistance to heat Market conditions are attractive for Western tungsten producers as significant…
Tungsten A critical metal scarce as rare earths Tungsten has unique properties and no real substitutes World supply is dominated by China Strongest of all metals and second strongest materials 69kt after diamonds 10% Other 4% Russia…
The Opportunity GBP3.4 million market cap faster to production with significant upside vs listed peers La Parrilla tailings advancing to production Capital cost EUR1.2 million Target initial production 28,000 MTU per annum of…
Board and Management Team Board Michael Masterman Strong track record in establishing and building new resources companies and raising project finance. Chairman Founding shareholder of Fortescue Metals Group currently International…