My angle is that Bayan Obo is the worlds largest REE deposit containing 70% of the world known REE reserves. It also contains 1MT Nb205.
Not sure of the implications on the Nb price should China become self sufficient, can guarantee it wont rise!
How would this impact WA1, extremely negatively in my view given the principals of supply and demand on an already constrained and limited market.
My angle is that Bayan Obo is the worlds largest REE deposit...
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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 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |