SGQ are forking out a whopping $38M for a prospective Niobium tenement in Brazil. Here we are with a large anomaly spanning 1.8 * 1.7KMs and our total company market value is less than $5M.
Infrastructure and proximity at Lake Johnston to ports is far better than what is at West Arunta. They just need to show greater intent and watch the market take interest here.
We shouldn’t discount an offer made for Gordon South, although I hope it gets drilled first by CHR before considering any $$$ offers.
Todays announcement demonstrates that the market is willing to fork out big sums of cash on prospective tenements for Nb
CHR Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
