WA1 4.02% $20.30 wa1 resources ltd

General discussion, page-10159

  1. 118 Posts.
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    How on earth does this get 36 upvotes in the Sum thread. Whilst many of the issues he mentioned are things we will need to sort, Any Sum holder surely cannot be talking when they dont even have a resource to be worrying about. Would much rather have a Tier 1 resource in the middle of nowhere (tier 1 mining jurisdiction) then having a couple of hand sorted rock chips. I thought Naydoes diagram the other day perfectly summed up what SUM's discovery will likely be. Regardless of our location we are 2 years ahead and most importantly actually have a resource. I seem to notice WA1 gets flamed by all non holders on other threads unless they are using it as an excuse to pump up some nearology wannabe that 'will be the next WA1'. Based on my understanding and research the costs arent major due the shallow nature and high grade of the resource. To me its just a question of how much does it cost to turn on the money printer. Time will tell but the cost appear to be minimal at current niobium prices. Proud of how far we have come, looking forward to the rest of the journey ahead. Not financial advice of any kind.
    https://hotcopper.com.au/data/attachments/6297/6297786-0735f23a16bb554b651377f51c5173cb.jpg
    https://hotcopper.com.au/data/attachments/6297/6297789-1f9eed3168a9cb7d01ed9c4374b9f254.jpg
 
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