The above link is to an article about antimony and its applications in the military, which along with growing demand for grid storage batteries, has resulted in greatly increased demand for and interest in antimony in the recent past. This will be of considerable benefit to NAG if they can prove up a sufficiently large stibnite resource, which I believe is very probable.
The Russia/Ukraine war has already greatly increased the demand for antimony in ballistics applications in many countries, and if China moves on Taiwan that demand is likely to accelerate dramatically. The fact that China has been growing its military so rapidly has already increased antimony use in China. The increase in their military year-on-year has been greater than the total size of Australia's military, and the USA and other Western nations are racing to catch up, so the value of NAG's antimony-bearing deposits could be of equal of greater importance than its gold.
September/October this year is likely to be a significant period for both the gold price and the antimony price, and if NAG can produce some good drilling results before then, their SP should benefit significantly.
NAG Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
