WA1 1.12% $14.97 wa1 resources ltd

General discussion, page-12231

  1. 457 Posts.
    lightbulb Created with Sketch. 256
    "With the niobium, if we assumed 53.5% recovery (very conservative) there's around 1mt of nb205."

    Not quite true @Naydoe, the 1Mt of Nb2O5 you are quoting is actually concentrate (58% Nb2O5). 1Mt x 58% = 580Kt Nb2O5.
    When determining value it is much clearer to quote FeNb equivalents. 1 ton Nb205 concentrate = 1 ton FeNb approx. (.97 ton)
    It should also be noted that WA1's met results were based on a sample feed of 4.15% Nb2O5 not 1%, recovery would be expected to decline with grade.

    Glad to see you input and your increasing knowledge of your investment, your figures are a bit dodgy but at least your having a go, unlike the cheer squad.
 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.