We've recently published an audio synchronised slide presentation with Caspian Holdings (LON:CSH). In it, the Chairman Michael Masterman outlines Caspian' recent purchase of Iberian Resources based in Spain. The acquisition brings on board an exciting Tungsten project where they are targeting near term production and cash flow. Michael also explains the favourable supply/demand dynamics which should price growth in the future. Click here to listen to the presentation.
About Caspian Holdings
The company has been listed on the London Stock Exchange AIM since 2004 and more recently gone through a strategic diversification into mining and minerals. With a current market capitalisation of circa £4m, Caspian is focused on exploring for Tungsten, a metal which is the second strongest material after diamonds and the highest melting point of all metals. The world supply is dominated by China and it is seen as a critical metal, providing Western tungsten producers with strong market conditions.
Caspian has recently acquired Iberian Resources Spain, which will provide the Company with near term production and cash flow from the La Parrilla tailings project and the potential to develop of one of the largest tungsten deposits in Europe. Caspian has two main initiatives going forward, significantly to expand the size and grade of the La Parrilla Mine and develop cash flow & profits in a relatively short period from its tailings project. Chairman, Michael Masterman has a successful track record in taking early stage companies through to production.
