SGQ World Class Rare Earth VS LYC and BRE rare earth, page-104

This is a fact. It is undeniable that WA1 has good niobium resources and is a world-class niobium project.

However, WA1 has entered an orphan period and the production is far far away.

SGQ is totally different. It can release JORC resource through drilling very soon, and then proceed PFS, offtake agreement, funding and construction work, etc., which can proceed smoothly.The joining of two former CBMM executives and the former Minister of Mines makes this ambitious goal easier to achieve. This project will be a super large source of rare earth and niobium supply outside of China imo. GLTA.