WA1 10.8% $17.27 wa1 resources ltd

Ann: West Arunta Project - Significant Enrichment at Luni, page-164

  1. 169 Posts.
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    I think that's probably right in part, but you'd hope based on the data available the company should be able to sustain a market cap well above where it's at right now. IMO, the assumed +1-2% high grade Nb continuity between LURC002-3 at circa 20-30m thickness in the near surface supergene zone deserves a lot more value than what's currently attributed (if you assume there's continuity, which I do, based on my research). IMO it seems unlikely they've plugged two holes 200-250m away from each other with similar mineralization /geological structures which aren't contiguous. I imagine there's a component of educating investors on Nb, which is hard to come by in economic quantities, which will come in due course as the company roadshows etc. Patience is key here and I'm excited to see how it builds out from here. Lots of good things in play. DYOR
 
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