Looks like it's pretty much double the price of NdPr?
Niobium price is currently at around the same price where the NdPr price was when DRE ran to a just under $500M MC (and all the other REE companies had similar runs before all pulling back down, together with the NdPr price).
Does that mean if DRE's REE resource was a Niobium resource instead of REE (or if they can a decent Niobium resource in the future) that we'd be valued a lot higher/where we were when the NdPr price was at the levels where the Niobium price currently is?
No wonder WA1 has a ~$1B MC (yes, it's grades are crazy good).
Bring on this upcoming Niobium drilling.
But first lets see what the Kimberley produces and if we get an extension to Orion there, and/or any new discoveries.
Cheers,
GB.
DRE Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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