WA1 3.30% $15.32 wa1 resources ltd

I think WA1 have enough promising ground still to explore within...

  1. 2,600 Posts.
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    I think WA1 have enough promising ground still to explore within their own tenement before thinking about acquiring (or partnering with) any of the neighbours. Also, the size and grade at Luni is easily enough to support a mining operation as is. I have a sneaky feeling that all the wannabe neighbours cashing in on the interest generated by WA1 may be done and dusted within 6 months. Economic niobium deposits require a very specific geological history to form carbonatites, and if it was that easy there would have been lots of other economic discoveries since Araxa. Admittedly, WA1 did fluke it in the first instance !
 
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