To be fair, how ''relevant'' has niobium been in the last 24 months? I agree, this is an attempt to pump the SP on the back of niobium excitement and people's FOMO around the massive pump of WA1.
Anyone interested in the Niobium space should consider this. CBMM in Brazil dominates the global niobium market, supplying like 80% of the worlds niobium. WA1's market cap is 50% of the global value of the niobium market. The CAPEX and OPEX to get Luni up and running will be in the billions. Which is fine, as the project will print money at current prices. But. What's to stop CBMM from tanking the niobium price and sending these niobium hopefuls broke? Absolutely nothing. Food for thought.
KGD Price at posting:
0.5¢ Sentiment: Buy Disclosure: Not Held
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