ENR holders hope that one day they will find good economic grades. But the good grades have to come from the ground, not from HC, you can't just drill one after another in the hope of finding something economic. If you're an ENR holder, you should ask yourself why ENR hasn't had the same success as WA1, even though it's been in operation longer than WA1. Why is WA1 the one that made the first niobium discoveries in the region and got the drilling strategies right every time? Why is WA1 land niobium rich? How are the land/tenements mapped and allocated to companies? Why don't nearology companies see same success?
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