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Cassini to enter West Arunta project

Cassini Resources has resolved a share sale agreement to acquire 75 per cent of Crossbow Resources, the 100 per cent owner of the West Arunta X17 project in the Gibson Desert.

The company will look to explore the area for gold and base metal deposits.

“We see the X17 project as an exciting, highly prospective greenfields exploration prospect,” Cassini managing director Richard Bevan said.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
110thTraka Resources100%-5%
173rdCassini Resources54%1%
296thWest African Resources22%4%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/03/17
$8k Bought
15/11/16
$15k Bought
15/11/16
$15k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

193rd↑West African Resources$210k
194th-Nemex Resources$209k
195th↑Cassini Resources$200k
196th↑Dynasty Resources$190k
197th↑Traka Resources$189k
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Cassini Resources

338thRichard Bevan$349k
438thGreg Miles$276k
112thMike Young$81k
Ranked by total remuneration from all listed WA companies

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