Comparison to other commodities doesn't really apply now that we have Mets and and MRE.
With other commodities you can produce as much as possible and dump into the market without affecting the price. Another 1M oz of gold/yr on world market is less than 1% of market, yet the dollar equivalent of Niobium on world market would sink price very quickly (about an extra 51,000 tonnes/yr).
BTW it will take funds, mining companies, whoever a bit of time to absorb today's information into whatever models they have, before pushing the buy button, IMHO.
Ann: West Arunta Project - Luni MRE, page-97
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Last
$15.14 |
Change
0.310(2.09%) |
Mkt cap ! $982.0M | |||
| Open | High | Low | Value | Volume |
| $15.06 | $15.44 | $14.73 | $2.086M | 137.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 846 | $15.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.14 | 386 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |