The market will answer your question just as it has done in the Lithium and Nickel sector. Supply and demand rules, the Niobium market is small and the short term ferroniobium demand is not that bright at the moment.
How much market share will WA1 achieve is becoming the most important factor in determining the SP, there are a lot of hurdles ahead and the possibility of increased supply is growing. Who knows what the market will look like in 2030>, the most likely scenario is that supply will outstrip demand resulting in reduced prices. Simple market dynamics really.
The market will answer your question just as it has done in the...
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Last
$15.23 |
Change
-0.530(3.36%) |
Mkt cap ! $1.008B | |||
| Open | High | Low | Value | Volume |
| $15.64 | $15.70 | $15.08 | $2.238M | 145.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 161 | $15.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.23 | 98 | 2 |
View Market Depth
| Last trade - 12.56pm 22/07/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |