WA1 7.83% $19.28 wa1 resources ltd

Ann: West Arunta Project - Luni High-Grade Horizon Extends, page-101

  1. 381 Posts.
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    A great result not reflected in our SP however.
    The following is a resource estimate based on average stepped out drilling to date.
    32Mt (guesstimate) for the high grade at Luni is a superb result, and still open in areas.
    Should be trading way above current levels and represents great value IMO.
    https://hotcopper.com.au/data/attachments/5524/5524977-38429ff5845e748ff27af6c93bf9cbae.jpg
    The high grade drill results circled in yellow are what the average grade and widths are based on. There is probably an additional 100Mt with grades between 0.05% - 1.2% Nb205 at Luni that have not been included!
 
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