These tiny little carbonatite plugs were unexpected, but really great supergenes of Niobium, which is the high grade that would of likely only be mined anyway.
Not sure if the small plugs have significant REE enrichment zonations, however the Niobium is world class, better than Catalao Phosphorus/Niobium deposit, sold to the Chinese by memory for USD $500m, and is directly compareable grades to Araxa, $10Bn deposit.
So well done WA1, The market will appreciate with time, and needs a big underpinning investor like Rio to develop. but they would unlikely jump in until a PFS and Reserve pit is drawn, 2024?.
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