WA1 1.34% $13.62 wa1 resources ltd

General discussion, page-3884

  1. 11,471 Posts.
    lightbulb Created with Sketch. 1632
    Agreed. Also, we don't need a the mammoth scale of Araxa. We won't just be a competitor/alternate supply source.... we will be the western worlds ONLY supply. Our project stands in a league of its own in the western world, and in a now highly tense geo political landscape where China is the bad guy... our project becomes important beyond what the market is currently assigning to us. Then you consider the fact niobium is likely just at the beginning of its growth as a much more widely used mineral ... and we start to look extremely tasty. What we have is already 20 years of high grade, easy mining (subject to mets), that alone is enough to assign us a multi billion dollar value that is way way above $50. But I simply don't think we will make it that far before an offer tempts our leaders too much. Remembering when you have 5m shares an $40 offer yields you $200m. Most execs would consider that a good few years work and not go chasing twiggys life. But time will tell us in hindsight of course.
 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$13.62
Change
0.180(1.34%)
Mkt cap ! $883.4M
Open High Low Value Volume
$13.65 $14.01 $13.32 $3.153M 231.5K

Buyers (Bids)

No. Vol. Price($)
1 1976 $13.62
 

Sellers (Offers)

Price($) Vol. No.
$13.63 100 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.