Its all coming along quite nicely for WA1.
was wondering of any other current Niobium deposit discoveries happening right now who might be trying to get funding to build a mine. And how economically viable they compare to us. The Elk Creek in USA is struggling to get appropriate investment as their stash seems pretty povo compared to ours. And the deposit in Africa i was looking up their MRE report, and they have about 67Mega tonnes at 3000ppm (parts per million) thats only 0.3% grade isnt it!?
people here have done rough calculations on our tonnage and concluded about that (50MT) but more like 1.5% grade
these guys are fully shovel ready and looking to try and get money to build a mine.
im not scared.
any investor would way prefer to put money into our deposit instead dont you think, if they heard our grades. I mean has anyone read Globes MRE and compared it to what we have calculated, How do we compare?
Also Malawi ranks really low like 130/160 on the risk factor as a country to trade with, (instability, corruption, malitias, etc) Australia is really high rank like 2nd in world to trade with.
how much of a threat is Niocorp or Globe to us with their Niobium finds?
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- Ann: West Arunta Project - Luni Assay Results
Ann: West Arunta Project - Luni Assay Results, page-291
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