Why an Australian based company with a critical and strategic mineral has been allowed to become Chinese controlled is frankly beyond me.
As demonstrated below niobium’s strategic and supply chain concerns have been well documented for over a decade.
IMO battery talk is a smoke screen, military, national infrastructure and niobium’s unique commercial light weight/strength properties is why it’s a critical mineral to a nation’s economy/security. And the reason why the top SH will never release control.
Personally, I’m not participating in the SSP as l haven’t witnessed any concerns re building small shareholders wealth. If anything I’ve seen the opposite.
However, in saying the above l do believe that GBE will have an operational mine in late 2024, and what happens to the SP then? Will the SP be “allowed to find it’s true value” and will we see dividends? Is WA1 is a guide to how important and the potential of niobium stocks in the share market?
As l have started before, I’m not considering selling until phase 2 is up and running.
Good luck and best wishes to those who participate.
https://foreignpolicy.com/2023/03/16/us-military-china-minerals-supply-chain/
https://www.europarl.europa.eu/RegData/etudes/BRIE/2023/739394/EPRS_BRI(2023)739394_EN.pdf
https://www.usgs.gov/publications/ehttps://idstch.com/geopolitics/niobium-is-one-of-the-strategic-minerals-deemed-critical-to-u-s-national-security-and-the-economy/mbedded-critical-material-flow-case-niobium-united-states-and-china
https://foreignpolicy.com/2023/03/16/us-military-china-minerals-supply-chain/
https://ui.adsabs.harvard.edu/abs/2014MinDe..49.1025M/abstract
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