I always thought some of the best deposits were found close to large salt lakes in wa
amn should be good value as it’s the cheapest player in the west arunta t-Rex belt after Enr has gone to $300 million. People think Enr only has three drill holes but they have a small area of high grade at Emily. We can not really compare wa1 early market cap versus drilling campaign as there are now so many eyes on niobium and wa1 is a household name.
the belt does look mineralised as there is niobium at p1 in the left of the picture and also proved at crean, Emily and luni as we move east. Does it go to the border of WA/NT or even further into Tkm’s ground in the Northern Territory.
The market cap of Enr can be justified because if you are not in niobium , you are a noob.
amn has
1) exposure to 5.6% of wa1
2 ) a large sulphate of potash project which is worthless
3) an exciting drill target which is labelled in the picture above with 40% tali ownership
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