For those who are trying to understand WA1’s market cap. A close comparison, although might not be the best one, is GBE. I calculated their fully diluted share base of 506,796,419, including the most recent CR. Their share price as of currently is $0.06 which works out to be approximately $30m mkt cap. However, their top shareholders hold 90% of shares and this one barely trades so it’s hard to make anything out of it. They have JORC mineral resource of 68.3Mt of 2830ppm (0.283%) Nb2O5, and 135ppm (0.0135%) of Ta2O5. Reserve of 33.8Mt at 3048ppm (0.3048%) Nb2O5, and 141ppm Ta2O5 (0.0141%). I would encourage everyone to check out their presentation,
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Looks like their mineralisation is also pyrochlore, so similar to ours. Bear in mind their project is in Malawi, Africa.
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