"There is no reason for this to go down 8%...."
It is becoming more obvious with each announcement from the neighbors that two mines are becoming likely. Not good news for WA1 as it reduces potential profitability by 50% (a rerate from Argo, coming maybe).
Two mines producing their own concentrate with shared infrastucture and shipping the concentrate to the Pilbara coast to a state of the art FeNb plant with battery Nb processing attached is a real possibility. (JV?)
Strategically good for Australia, good for the neighbor but not quite so good for WA1 due to dilution.
The neighbor only needs 50Mt at similar grades to Luni to operate a profitable long life mine producing 15Kt pa of FeNb equivalents.
"There is no reason for this to go down 8%...."It is becoming...
-
- There are more pages in this discussion • 2,707 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.97 |
Change
-0.040(0.27%) |
Mkt cap ! $971.0M | |||
| Open | High | Low | Value | Volume |
| $15.05 | $15.23 | $14.55 | $3.209M | 216.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 978 | $14.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.99 | 300 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |