What is it with some people? I wasn't even following WA1 but replied to being tagged in by @witchdoc86 and politely agreed this was a great release. I ran my knuckles over Luni a long time ago in great detail, challenging everything around the economics and risk (the Devil's advocate) and came to the very clear conclusion Luni would become a mine and WA1 had entered into the Lassonde Curve period sans further discoveries.
While todays unexpected additional high-grade supergene mineralisation found in the SW of Luni is good news, it doesn;t change greatly the reality of an already economic amount of Nb ore and the years of studies etc ahead... Another Luni carb discovered elsewhere, doubling the mining resource potential and adding potential of more than a one-and-done province discovery would be a step change in valuation outside Lassonde's grip. In the meantime, read my posts and analysis properly please before needlessly chipping a bullish poster...
GLTAH
What is it with some people? I wasn't even following WA1 but...
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