Have to admit it does feel different. Feels like its the real market now. By that I mean real buy and sell orders, smaller volume which may be the fact no one is pushing it around. I swore off buying more after getting to my target recently...........but just cant resist at these prices. Loved the argonaut research the other day. As derisking more brokers will look to research it. The more research the more eyes on etc etc.
Imagine it was left alone where it would be ? It will be there soon enough after the past 12 months of shenanigans.
Tariff news drop shortly. Lets see what the next rounds bring. I fully think Australia's bargaining chip is our minerals. For the US to make a hitlist with Niobium number 2 on it. Then to have the second largest discovery ever, with the first being Chinese controlled............this is the ace in the hand that Australia has in order to get any tarriff relief. Not saying he will (he does drink from the looney tune bottle of fake tan he uses daily) but this is something they are desperate for. In saying that if it is used as a deal maker to keep the tariffs away from our agricultural and livestock exports we may accept a concession here to save other markets. Or possibly it is just the ace in the hand we need. And with this discovery being so rare for this mineral then this could be involved in something bigger than we think. I am sure Paul and co are focussing on the MRE update and prepping a PFS, but marketing and roadshows is where we need to be so American companies see the Luni discovery. Time is our enemy.
WA1 Price at posting:
$13.05 Sentiment: Buy Disclosure: Held
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