WA1 9.03% $14.01 wa1 resources ltd

Kennyken, that is true, CBMM’s Araxa is way bigger than Luni...

  1. 3,248 Posts.
    lightbulb Created with Sketch. 1597
    Kennyken, that is true, CBMM’s Araxa is way bigger than Luni size wise however we also have P2 that will become a satellite deposit. Overall, I still can’t see how anything less than $100 is justified given the significance and uniqueness of niobium discovery on a global scale.

    I mean LTR is worth almost $4B pre-development at a depressed lithium price. That is $40 in WA1’s share price assuming fully diluted SOI of 100m. Niobium is much more scarce than lithium and its price is much more stable.
 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$14.01
Change
-1.390(9.03%)
Mkt cap ! $908.7M
Open High Low Value Volume
$15.40 $15.40 $13.94 $5.780M 400.0K

Buyers (Bids)

No. Vol. Price($)
1 250 $14.00
 

Sellers (Offers)

Price($) Vol. No.
$14.09 300 1
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.