WA1 0.31% $15.97 wa1 resources ltd

General discussion, page-3405

  1. 3,214 Posts.
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    Do you know why that’s the case? Because niobium is a niche metal. Brazil has a monopoly on it. Basically try talking to one of your friends, or colleagues, they wouldn’t have a clue what it is and what it’s used for. The pricing of niobium is controlled by basically one company and not always publicly available, unlike say lithium (try typing in the word “lithium price” on google and see how many websites report lithium price on a daily basis, then try “niobium price”

    The market is slow to realise the potential of this metal. But once they start waking up to this due to the emerging use in lithium batteries, there is only one other publicly traded company in the world that will be developing and mining commercially niobium deposit, second best to CBMM, to invest in. The rise to $100 will then be exponential not slow growing.

    Think lithium in late 2019/early 2020. All IMO.
    Last edited by CounterVin: 14/11/23
 
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