can't help but notice the lack of that chug moron on this thread, always seems so quick to post crap!
As a long term holder who mainly bought in for Nb this is fantastic news!
Many people have criticized the management in various ways and whilst I did not like them deliberately delaying the very first Li assays I do think that they have done a great job to pull it up from the depths of what I'm sure would be a nightmare situation for any management team, with todays announcement reinforcing it. This also silences those who had said that the directors were only here to get paid and leave once it all failed, clearly that doesn't look like the plan.
I really do hope there is a good reward from the Nb deposit and I am NOT a geologist but have done my own research into the mentioned mineral type being samarskite and NYF pegmatite, and compared it with the type of rock that WA1 has being apart of the carbonatite supergroup and both look like heavily Nb bearing minerals (again I am not a geologist just some research I've done DYOR) which hopefully means a decent prospect. The extent and concentration/ depth of the minerals remains to be seen but surely even with a more modest discovery like ENR this would give a great result for shareholders!
Also there is still the gold prospect if this doesn't work out and with the cash coming in gives the company potential to explore that area a bit more too!
Note: in case anyone is interested the site I used to look up the geology is called "mindat.org", a very kind person suggested it to me a while ago and is very detailed!
