Today’s WA1 announcement could be very significant going forward should Charger demonstrate a Niobium resource at its 1.8 * 1.7KM anomaly at Mt. Gordon. The first of its kind in Australia, the metallurgy tests confirmed excellent recovery rates from their WA resource, in line with that of the two Brazilian giants. The market has taken a liking to the results of and currently up 24% just today to above $20 per share.
They have gone up from .18c to $18 in just 18months.
The mind boggles what possibilities there are for CHR holders should there be a resource at Gordon.
Also, our neighbours have commenced drilling at Lake Johnston. They received their permits a few days following CHR so presumably have also started or are about to.
Ann: Lithium and Niobium Anomalies Defined at Mt Gordon, page-64
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