WA1 11.2% $21.30 wa1 resources ltd

WA1 Econs 101, page-138

  1. 2ic
    5,815 Posts.
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    "The Luni deposit is nothing like Mt Weld in any aspect"... why many desperately need to belittle good posts and information shared in genuine discussion is depressing, given surely the major of readers come here to learn and test their investment hypothesis. Quick straw pole... reply with "I have special needs for attention because I don't understand what's going on like Wurlitch" if you also thought my Geol101 discussion with Salpetie was an inaccurate and irrelevant comparison?

    Those who don;t respond probably understood that:

    Whether REE, NB, Ti or P is the dominant enriched minor element in a carbonatite complex (multiple intrusions and hydrothermal alteration events over it's development history) is irrelevant to that laterite weathering can overprint separate carbonatites in a very similar way (based on Ca-MG-FE-carbonate being the dominant mineral species of all carbonatites).

    in "Grade is without question Mt Weld like in a global 'best of breed' sense," clearly the word 'sense' refers to 'perception' not literal comparison (ie not REE vs Nb, but that both exhibit best grades for laterite carb deposits of their particular enriched immiscible source elements)

    Mt Weld has not even considered nobium production from their >1.2% Nb2O5 'deposits', which are clearly then not 'best of breed'. unlike the REE deposits like CLD which is being mined as per picture of the geology in pit walls for important context. REO grades in the CZ sitting on BOX often over 30% which is insanely high (enriched from 2.5% REO grades in fresh rock thus >10x supergene enrichment in volume). Bit like Luni 10m 8% Nb2O5 is insanely high and looks to be >10x supergene enrichment... hang on, that's a similarity right there.

    I hope most readers understood that Mt Weld is a REE dominant carb, Luni is a Nb dominant carb (economically, not literally please), so now the idea is to consider what makes Luni tick and where that might lead. It's nice to have good posts acknowledged but that's rare on HC if you're presenting uncomfortable forensic investigation, but I like to think the majority of free-riding HC readers who don;t contribute or bother acknowledging good efforts still want to read them?

    So on that assumption, maybe stop licking the window, sit down, face the front and pay attention instead of disrupting class... if your able and willing to learn that is. There is much more nuance in that Mt Weld-Luni comparison than first meets the eye, and also a lot that can be learned considering Cummins and Araxa carbs et al, which can help explain and predict where Luni is going well before all the results are reported to prove it. After all, if you're here to make money it's rarely the most ignorant and last informed that walk away winners.

    GLTAH
 
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