Venmyn gave fair value of USD 967m to Araxá, page-29

@Archieros .... "highest REE and Niobium grades I've ever seen SGQ"

You probably should look at a lot more....

Did you know that WA1 with 53,000,000 tonnes of Niobium above 2% grade is 662 times the quantity of the 80,000 tonnes that SGQ have of Niobium above 2%.

662 times the quantity of high grade ore!! That's massive!!

I'm also willing to bet WA1 will find a lot more high grade ore above 2% at Luni, than SGQ find from their Araxa project.

I'm willing to bet just the increase, in high grade mineralisation above 2% at Luni is much greater than SGQ find in total above 2% at their Araxa project, so constrained is the mineralisation at SGQ's Araxa project.

All the talk of 'high grades' is meaningless unless there is quantity of it, enough to be mined. It reminds me of all the talk of great nickel grades at Mt Alexander that SGQ kept shouting about, only to never bother releasing a MRE because the quantity was too small...

I don't believe leopards change their spots, nor dragons....