@MickMaverick ... People are trying to promote the dud project all over the place, meanwhile they miss out. WA1 has gone up 35% since the day of their project being announced.
Meanwhile their SP has gone down since the opening on the day of the announcement by 12.5%.
The market is clearly sending a message of which project is better, and logic has it's ours with over 53Mt of mineralisation above 2% so far, while they have 80Kt of high grade mineralisation.
The capital costs to get a decent recovery of Niobium are going to be relatively high even with a 2% grade, which means any company setting up a processing plant will require a large ore body to justify the spend.
If we and they set up a 1Mt/a processing plant for high grade ore of over 2%, we would have a mine life of 53 years.
They would have a mine life of under 30 days... LOL...
@MickMaverick ... People are trying to promote the dud project...
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Last
$14.77 |
Change
-0.370(2.44%) |
Mkt cap ! $960.6M | |||
| Open | High | Low | Value | Volume |
| $15.15 | $15.33 | $14.74 | $593.9K | 39.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 209 | $14.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.78 | 14 | 2 |
View Market Depth
| Last trade - 12.00pm 03/10/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |