Gets more comical by the day given the niobium supply already...

Gets more comical by the day given the niobium supply already adequate from existing suppliers although yes some diversification of suppliers could be a welcome addition - but overall not enough demand and certainly not as cost opex as say CBMM whom operate in Brazil and for which GBE have clearly stated such that GBE are not interested in commercial large scale supply ONLY targeting specialized high purity products and credits on other byproducts.
Anyway Endeavor Resources in the NT closed up 80% yesterday on a "potential" niobium discovery in the NT. Are they to become the next WA1 which BTW staged a remarkable sp recovery just recently after being sold off quiet some. Guess the term the market can behave irrationally comes to mind given the actual global demand for niobium pentoxide in uses of tradotion refractory and steel making is very small all be it increasing but nothing existing suppliers can not provide and far cheaper than any potential Aussie outfit - simply because scale does not apply to niobium supply - we arre not talking bulk commodities such as iron ore - coal and for an Aussie outfit to develop their "huge" deposits the CAPEX will be enormous even if staged and their OPEX will be way more than any existing Brazilian highly experienced - ESG company or Canadian - any new Australian firm can supply only minimal amounts of global requirements.

This is clearly why GBE are targeting highest purity to specialized end users - at very low CAPEX/OPEX with very high margins - because at GBE they understand the market. Anyway good fortunes at WA1 and Endeavor are awesome for those fortunate holders and well done to them - awesome.