WA1 9.71% $17.01 wa1 resources ltd

General discussion, page-8260

  1. 8,884 Posts.
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    Interesting on the discussion last night with the 3 blokes on the podcast, talking about WA1 and not knowing how the mets were going to turn out, and how there could be too many deleterious elements that sinks the whole lot, as in no point in building a mine.

    Was this part of the concerted attack on our SP? To my knowledge we have processes to get rid of anything deleterious, it's just a matter of cost, number of processes, recoveries etc. However with way lower levels of Th and U than Araxa I wouldn't have thought any of this is an issue.

    It makes me think that the mets will be just as important as the MRE, even the initial ones showing we can get a good product by doing X,Y and Z with ** percent recovery. All early mets get improved upon, anyway, in every study as they change parameters of float chemicals and grind size with a bit of experimentation over the average ore...

    It just seems like maximum pressure being applied to loosen shares everywhere we look, all without evidence. There is always the psychological pressure for people to take profits before they all disappear, instead of looking at the big picture of the fantastic discovery we have. The sheer grade will overcome any obstacles of mets, but I'm not expecting any anyway, as it looks like a mostly clean resource of low grade radioactive elements.
 
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