Nice results released for WA1 Luni today for a 22% rise today so far. Good signs for us here?
19 JUNE 2024
WEST ARUNTA PROJECT
INITIAL METALLURGICAL TESTWORK RESULTS
Highlights
▪ Excellent flotation results demonstrate a high-grade niobium concentrate with
low impurities and industry comparable recovery rates can be produced from
Luni oxide mineralisation using a conventional two stage flotation regime
▪ Initial flotation test work was completed on sample material from a drillhole
located in the northeast of Luni
▪ Open cycle float tests achieved a high-grade concentrate with excellent recovery:
Open cycle concentrate (2
nd cleaner) 51% Nb2O5at 62% recovery
Open cycle concentrate (4
th cleaner) 61% Nb2O5 at 52% recovery
▪ Subsequent locked cycle testing confirmed the flotation regime performance:
Locked cycle concentrate (5
th cleaner) 58% Nb2O5 at 53% recovery
▪ Ongoing testwork is aiming to optimise the beneficiation stage including testing
other process steps used at existing niobium operations, before moving to
variability testing across Luni
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Last
34.5¢ |
Change
-0.015(4.17%) |
Mkt cap ! $155.2M |
Open | High | Low | Value | Volume |
33.5¢ | 34.5¢ | 31.5¢ | $397.8K | 1.196M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9834 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 2218 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9834 | 0.320 |
3 | 8388 | 0.315 |
2 | 18500 | 0.310 |
2 | 62000 | 0.305 |
3 | 121667 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 2218 | 1 |
0.360 | 30249 | 2 |
0.370 | 11100 | 2 |
0.375 | 7500 | 1 |
0.385 | 2000 | 1 |
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