GAM holding roughly 186.7 million WC8 shares and 62.2 million performance rights for full control of the assets, which lie near Port Hedland in WA’s Pilbara region. Remember the deal took nine months to negotiate. I'm sure the geo's have run the ruler well and truly over this package.
From the GAM website... "The area around Wodgina contains numerous pegmatite rich zones, including the Tabba Tabba tenements which have a significant defined tantalum resource."
"Lithium supply growth is having a significantly positive impact on the supply of tantalum as lithium and tantalum occur together in some (but not all) hard rock ore bodies. This is particularly the case in Western Australia (WA) where, as an example, the Wodgina mine in the Pilbara region of WA has one of the world’s largest reserves of both lithium and tantalum."
One is very dense and the other light. The tantalum is there we know that, but is the lithium sitting there hugging it also.
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GAM holding roughly 186.7 million WC8 shares and 62.2 million...
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