Cassini (ASX: CZI) had a market capitalisation at the start of this week of A$8.84 million (US$6.72 million) trading at 4c.

Picture worth a thousand words

What is a chart or illustration that provides a good snapshot of the opportunity you’re currently presenting to investors?

The [image] above shows the aims of the [imminent Arunta] drill program pretty well.

Reading the signs

What are three things you are seeing in the market right now that make you optimistic about what you’re doing/why?

1. Base metals markets are cyclical and we have been in a period where most of them have been at multi-year lows. It can’t last.

2. We are now seeing reductions on the supply side – especially zinc and copper – which will help support price improvements.

3. Anecdotally, the longer term, counter-cyclical investors are starting to come back into the base metals space looking for good projects.

Favourable elements

Why is your targeted commodity(ies) the best space to be in right now?

Zinc exploration [at West Arunta] gives exposure to the best performing commodity in the first quarter of 2016. Zinc fundamentals are strong and the opportunity of discovering a new zinc province in WA presents a near term trigger for value.

Historical base metal markets show a cyclical nature. We are coming off a low point in the cycle, so this presents an excellent entry point for investors looking for exposure to improvements in the medium term. The West Musgrave project (Nebo-Babel nickel/copper sulphide) is a high-quality nickel and copper project.

Location, location

What geographical/infrastructure, etc advantages do you have?

One of our strategies is to have projects in first world, mining friendly jurisdictions – such as Western Australia and Nevada, USA. We focus on under-explored provinces which have the potential for large-scale mineral systems. These can be in the more remote areas, but base and precious metal projects are not as infrastructure dependent as other commodities, such as coal, iron ore, etc.

Good, better, best

Why do you have a better value proposition than your nearest peers?

We have a strong project portfolio with high quality development and exploration assets, including a large-scale nickel and copper project (West Musgrave) that is currently undervalued due to the current base metal market sentiment. As sentiment changes, we believe this will be positively reflected in the share price.

We also have a number of near-term exciting exploration targets, both at West Musgrave and at our zinc project in the West Arunta. We will be drilling the first holes ever into the zinc targets [this month].

Got to run

What are the next critical steps for you/why?

The discovery opportunity through drilling program at the West Arunta zinc project.

Continue development of West Musgrave, which gives exposure to an improving nickel/ copper market.