Grade is king... Luni will proceed over all Niobium deposits except for Araxa who are already well established.
grade means the economics of the project are significantly enhanced which will make it far more attractive to offtake partners imo.
offtake partners will want the product but also the assuriuty that the project can weather the commodity pricing peaks and lows.. this is where I expect Luni to have its main attraction.
34m at 4.9%... if this was lithium even in the current climate it would be a $2b deposit by now.
Grade is king... Luni will proceed over all Niobium deposits...
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Last
$17.92 |
Change
0.510(2.93%) |
Mkt cap ! $1.099B | |||
| Open | High | Low | Value | Volume |
| $17.81 | $18.28 | $17.55 | $7.517M | 418.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60 | $17.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.92 | 1330 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$17.88 |
Change
0.510 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| $17.81 | $18.27 | $17.70 | 11424 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| WA1 (ASX) Chart |