WA1 1.33% $14.86 wa1 resources ltd

WA1 Share Price, page-1554

  1. 729 Posts.
    lightbulb Created with Sketch. 202
    No problem, I'm not a geo either

    the fault immediately next to luni doesn't give many clues to overburden soils whether it's alluvial or erosional (supergene)

    my guess is lur002 top 32m 2% grade is the supergene as reported and above that would be alluvial cover like P2.

    However P2 was deeper cover around 60m as it looks like it's in a valley where cover has been trapped.

    32m means Luni was more exposed to oxidation so grades should be higher which they are. But still thin at 4m thick.

    this does not mean lur001 and lur003 will be thin supergene, oxidation and supergene thickness vary greatly over a carbonatite system.

    They results with the 1m assays will be very exciting.

    it is a shame it's not REE dominant because of the investment around REE, but it doesn't mean the Niobium doesn't become the next critical mineral if Brazil gets harder to mine deep.

    follow up work will be second half of 2023 which is frustrating, the assay wait times is also frustrating. That's why Paul with $10M to spend will most like drill as much as possible so that announcements will trickle from July to December with assays and metallurgical assessments.


 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$14.86
Change
-0.200(1.33%)
Mkt cap ! $963.9M
Open High Low Value Volume
$15.27 $15.44 $14.80 $5.294M 353.2K

Buyers (Bids)

No. Vol. Price($)
1 1857 $14.86
 

Sellers (Offers)

Price($) Vol. No.
$14.88 50 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.