Nice results released for WA1 Luni today for a 22% rise today so...

Nice results released for WA1 Luni today for a 22% rise today so far. Good signs for us here?

19 JUNE 2024
WEST ARUNTA PROJECT
INITIAL METALLURGICAL TESTWORK RESULTS
Highlights
▪ Excellent flotation results demonstrate a high-grade niobium concentrate with
low impurities and industry comparable recovery rates can be produced from
Luni oxide mineralisation using a conventional two stage flotation regime
▪ Initial flotation test work was completed on sample material from a drillhole
located in the northeast of Luni
▪ Open cycle float tests achieved a high-grade concentrate with excellent recovery:
Open cycle concentrate (2
nd cleaner) 51% Nb2O5at 62% recovery
Open cycle concentrate (4
th cleaner) 61% Nb2O5 at 52% recovery
▪ Subsequent locked cycle testing confirmed the flotation regime performance:
Locked cycle concentrate (5
th cleaner) 58% Nb2O5 at 53% recovery
▪ Ongoing testwork is aiming to optimise the beneficiation stage including testing
other process steps used at existing niobium operations, before moving to
variability testing across Luni