Australia's largest stock trading and investment forum Australia's #1 stock forum

WA1

Click for more information

3.43%

$13.50 wa1 resources ltd

General discussion, page-9777

First 9777 Last

Share
Profile

Follow
bluesmoke

2,060 Posts.

187

27/06/24

11:56

Post #: 74506698
Share

Originally posted by Dabbler009 ↑

let's just hope that investors see niobium as a hedge against this sort of potential economic fall out.... niobium - the new gold? Either way, just run with that tag line for the next preso Paul!

Battery technology and steel enhancement applications aside, if there is one area of the economy that will continue unimpacted or enhanced by global instability issues, it is the Defence and Weapons industries. It may not be palatable for some investors, but advanced rockets and weapons development relies on Niobium. The 'critical mineral' consideration is not going away any time soon, and this in itself should continue to underpin the value of our significant resource. I notice that these specific markets weren't specifically mentioned in the investor preso issued yesterday, nor the potential for critical mineral agreements with US/EU - it may be well down the track or outside the control of the company in any case, but it would seem that these aspects are worth continuing to highlight for new investors.

Expand

Bang on Dabs, imo defence will drive niobium growth, wouldn't be surprised if any equity stake or TOo was US based.

WA1 Price at posting: $17.93 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

What's causing the cost-of-living crisis, and how to navigate it

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

There are more pages in this discussion • 3,583 more messages in this thread...

First 9777 Last

Add WA1 (ASX) to my watchlist

(20min delay)
Last $13.50		Change -0.480(3.43%)		Mkt cap ! $875.6M

Open	High	Low	Value	Volume
$13.99	$14.03	$13.42	$1.920M	140.8K

Buyers (Bids)

No.	Vol.	Price($)
1	771	$13.50

Sellers (Offers)

Price($)	Vol.	No.
$13.56	895	2

View Market Depth

No.	Vol.	Price($)
1	771	13.500
1	500	13.420
1	1000	13.400
1	749	13.330
1	50	13.270

Price($)	Vol.	No.
13.790	800	1
13.900	1162	1
14.000	3200	3
14.080	200	1
14.090	1500	1

Last trade - 16.10pm 18/10/2024 (20 minute delay)

WA1 (ASX) Chart