Apparently the maiden Nb resource estimate for Niobium Pentoxide was 578k tonnes = 578M kg. @ US$58/kg from A Rogan article (she was in error writing kg2) thats worth US$33B over life of mine. That ís not even remotely reflected in the share price of AU$ 0.002-0.003 per share. So something is fishy here.
I'm with HTB about why the Rare Earth report wasn't released 1st, in Dec/Jan, and then the Nb report released at the later date (April/May?). Someone is waiting for a scerik of good news and trying to delay as long as possible to get it! Unless someone has a different view, this will just be same old, same old as per the last 4-5 years!
VML Price at posting:
0.2¢ Sentiment: None Disclosure: Held
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