WA1 2.93% $17.92 wa1 resources ltd

@zappa07 actually I hope not. If another Luni was found fairly...

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    @zappa07 actually I hope not. If another Luni was found fairly quickly, then it indicates there are possibly a lot more out there and the value of Luni would fall.

    IMHO there are probably a lot like P2 out there where the original fresh mineralisation exists in the usual low grade averaging around 0.3-0.5%. There has to be a very good reason why it took 70 years to find another high grade niobium deposit of any size.

    That ground of WA1 in the NT is interesting, is it new? If it's new ground then this should tell us a lot of the plans of management, along the lines of.. they would like to sell Luni at some stage as they like being explorers. Or perhaps they are tying up other likely Niobium ground that can be developed later in tandem with Luni. Whatever, I think it's a distraction...
 
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