Hello. SUM appeared to say they have a pegmatite. WA1 is a carbonatite. These appear to be different.
While I haven't looked closely at the drill holes and averaged them in a spreadsheet, it appears WA1 should become the 2nd largest niobium deposit in the world, with possibly 100MT at 1.5%. The WA1 primary deposit is say 2000m x 500m x 40m thick x 2.5 density = 100 million tonnes.
SUM said their pegmatite is so far 3000m long therefore at 100 metres deep (thick) it has to be 133 metres wide to be equivalent to WA1. None of this even appears close for now.
Hello. SUM appeared to say they have a pegmatite. WA1 is a...
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SUM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.0¢ |
Change
-0.035(12.3%) |
Mkt cap ! $15.55M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 22.5¢ | $770.3K | 3.034M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34149 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 35000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SUM (ASX) Chart |