You're right to point out that the broader intercepts are 20 to 30m wide. But still at very economic grades ~1% Nb.
Maybe the large font, red focus in the announcement on the narrower sections diverted attention?
Very low strip ratio for the wider intercepts, maybe only 2 to 3. The mining costs will be ridiculously low, particularly if free dig.
There's no rule of thumb for market valuations of new discoveries. Too many factors at play. Metallurgy and processing is still a question here.
The set up from here certainly looks very good with money in the bank and very tight share register, but as someone said were are still quite a few months away from the next round of drill results.
- Forums
- ASX - By Stock
- WA1
- Ann: West Arunta Project - Significant Enrichment at Luni
Ann: West Arunta Project - Significant Enrichment at Luni, page-165
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Exciting new copper-gold discoveries at Tarraji-Yampi: Dive into the strong drilling results now
Add WA1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
$15.13 |
Change
0.630(4.34%) |
Mkt cap ! $981.4M |
Open | High | Low | Value | Volume |
$15.21 | $16.31 | $14.88 | $6.208M | 402.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 690 | $15.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.42 | 1370 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 690 | 15.130 |
1 | 1370 | 15.090 |
1 | 2000 | 15.070 |
2 | 1060 | 15.000 |
1 | 1905 | 14.920 |
Price($) | Vol. | No. |
---|---|---|
15.420 | 1370 | 1 |
15.470 | 1370 | 1 |
15.500 | 5500 | 1 |
15.510 | 1370 | 1 |
15.550 | 1470 | 2 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
WA1 (ASX) Chart |