Can someone knowledgeable here explain a few things:
-Given WA1’s enormous resource why would there ever be any need for ENR? The niobium market already has global supply covered by CBMM. WA1 is a geo political play given its in a tier one jurisdiction but why do we need a similar resource right next door?
-ENR has no high grade niobium blanket so what makes investors think the economics would stack up here given there will be an open pit mine right next door?
-Given this discovery is in fresh rock what’s the thorium levels? Is this going to be ever safe to mine?
Full disclosure - I hold WA1 so I’m very keen to understand this project
Ann: High-grade Niobium Intercepts at Crean Carbonatite, page-286
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $139.6M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 27.0¢ | $27.03K | 97.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5345 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 27111 | 2 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| ENR (ASX) Chart |