I agree that evaluating this Niobium discovery by reference to a Gold discovery in terms of gold equivalent gram metres makes sense. My figures are as follows:
Nb 2O5 Price US$/t 45,000 45,000 1 Grade % 0.62 0.31 2 Intercept m 54 142 3 4 Au Price US$/oz 1,670 1,670 5 g/t 53.7 53.7 6 AuEq grade g/t 5.20 2.60 7 AuEq.m g.m 281 369
and using this guide:
I conclude that we have an excellent result and with the indicated size of the P2 target (3km gravity anomaly) we may well be on to a major discovery.
I agree that evaluating this Niobium discovery by reference to a...
-
- There are more pages in this discussion • 736 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.28 |
Change
1.400(7.83%) |
Mkt cap ! $1.182B | |||
| Open | High | Low | Value | Volume |
| $17.88 | $19.58 | $17.67 | $4.057M | 214.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 296 | $19.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.28 | 484 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |