Here is a very amateur interpretatio
n of exploration in the West Arunta:
In just 2 Field Season's, WA1 have found 2 Carbonatite's containing Niobium, ENR have found 5 Carbonatite's containing Niobium.
The West Arunta has been almost completely unexplored until 2 years ago and the name of the game for a Niobium mining operation to match the profitability of Araxa seems to be finding Very High Grade (2.5%+ Niobium) Starter Pits to fill a mill.
I wouldn't be suprised if 20 years from now the Satellite Imagery of the Broader West Arunta Area (Centred around Luni/P2/Emily) looks very similiar to Mount Magnet (a large number of Very High Grade Starter Pits).
I would expect that Rio will be the Major that consolidates the area and develops those Starter Pits, then continues on a Cutback at Luni for the multi decade operation.
- Forums
- ASX - By Stock
- Ann: West Arunta Project - Luni Assay Results
Here is a very amateur interpretation of exploration in the West...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WA1 (ASX) to my watchlist
|
|||||
Last
$17.27 |
Change
-2.080(10.8%) |
Mkt cap ! $1.059B |
Open | High | Low | Value | Volume |
$19.60 | $19.80 | $17.00 | $8.650M | 477.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2910 | $17.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.30 | 820 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2910 | 17.200 |
1 | 232 | 17.160 |
1 | 580 | 17.090 |
1 | 17 | 17.000 |
1 | 202 | 16.980 |
Price($) | Vol. | No. |
---|---|---|
17.440 | 306 | 1 |
17.470 | 1000 | 1 |
17.500 | 4000 | 1 |
17.520 | 1000 | 1 |
17.530 | 700 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
WA1 (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online