Market is on the extreme end of the speculation spectrum with...

Market is on the extreme end of the speculation spectrum with the limited info/gossip available. If the company addresses the gossip and (mis)information from yesterday, then I take myself back to looking at the quality of the asset and the likelihood of an exceptional orebody from a drill out. If there are no issues exploring/developing this land, then nobody should be able to sit there and type that SGQ has picked up a dud asset. It is world class. Araxa is the world's biggest and highest grade niobium carbonatite, by quite a margin. In 2022, the net income of CBMM reached 4.5 billion Brazilian reals (about AUD$1.3bn) - one year! CBMM will increase its annual budget to R$340 million in 2023 (from R$260 million), of which almost R$100 million will be intended for the electric battery program. They are bullish.

If this is minable, and the company can address this speculation (ideally with an independent) - it is absolutely game on in my opinion. I would like to see them strengthen the board. DYOR