General discussion, page-4642

@CravenSpecialMild @Tok12 @LST123 @aubin

Short anser Capexspent 2029 . Initial production 2030 . getting to name plate 2031 for Luni Porject ..

Detailked answer :

Argonaut via John Deniz in June 2023. Released 2030 mine production from WA1 luni at 429 m /pA starting in 2030 and ramping up in 2031.
Argounaut have a Fbnb price of
29.3 $/kb US which is significantly (- ve 35% ) below $45 US

We need to Thank #aubin for displaying this Last August ( Argonuat released on 26/6/22) its enclosed.

https://www.globemm.com/niobium-markets

Niobium is typically used in the structural steel industry, the chemical industry, or the super and master alloy industries. Currently, niobium prices range from US$45 per kilogram (US$45,000 per tonne) for standard ferroniobium metal and greater than US$50 per kilogram for niobium pentoxide (Nb2O5). Higher purity and more specialised products realise higher prices. The volatility of niobium prices is extremely low, one key factor in customer supply-chain certainty.

The NPV means an undiluted Share price of $43 .
Usually Brokers or fundies have 40 to 60% excution risk.

They also cover cover capital raise dilution of Shares in Paragraph headed "Shares" which is now proven to be less dilutive ( favourable) than
Augonaut's expectation.

Please note that Regal is double the size From 5.5 to 10.8% and Datt Capital has 5% and board and Tali are roughly similar.

Please note Argountats $10.05
valuation is exceeded but current valuation of $11.41