WA1 4.84% $16.45 wa1 resources ltd

Ann: West Arunta Project - Exceptional Luni Assay Results, page-44

  1. 729 Posts.
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    Good results, definitely building into a proper resource now at really good Nb grade supergene.

    interesting the carbonatite is quite narrow, but the supergene follows the seismic model which is great. So it's wide spread. Now it comes down to the size and thickness, but it looks really good and comparable to Brazil deposits.

    it would be good if they gave us the TREO distribution rather than just NdPr, as there maybe some valuable TREO heavies but we just don't know because it hasn't been reported.

    hopefully the markcap continues upwards of $3 from here and not a P&D like previous ann.



 
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