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4.17% 34.5¢ encounter resources limited

Ann: High-grade Niobium Intercepts at Crean Carbonatite, page-294

  1. fincmifr
    500 Posts.
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    10/07/24
    13:02
    Post #: 74689523
    I think your reasoning is illogical. You're basically asking why ENR would bother exploring the area given a discovery next door..

    what if they find a bigger/higher grade resource?

    what if the demand economics of Nb are primarily constrained by the concentration/monopoly of supply?

    ENR Price at posting: 88.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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