Looks interesting and the market has certainly missed the potential here. We're talking a measly $5m market cap.
Niobium frequently occurs in tandem with Tantalum and both were evident within the euxenite crystals of the Calcaling pegmatite.
While the Calcaling pegmatite was mined for Feldspar in 90s, the potential of Niobium within the same pegmatite was not delineated further.
With the grades reported, I'm confident that MTM will aggressively explore the entire potential of the Calcaling pegmatite.
While the nearology tenement with $WA1's discovery is interesting and requires investigation, considering the close proximity, it is still raw at this stage compared to what we have at Mukinbudin (historical data).
Another interesting component of the recent acquisition was the processing and recycling technology from waste material. There is immense investment and interest in this sector. For the ESG narrative to play out completely; efficient recycling processes of the waste generated by EV products is essential.
The announcement states that the progenitor behind the Flash Joule technology is Professor James Tour - one of the most revered American chemists. He has developed a plethora of works in the field of nanotechnology and carbon materials. He is highly decorated and awarded within the international scientific community. It certainly adds credence to the potential of Flash Jourle technology.
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