Agree. The potential is definitely there.
The land around cancet shows magnetic anomolies that have not been tested. They look bigger then the anomalous target where previous drilling at Cancet has taken place.
The last exploration effort discovered a big spodumene Boulder at surface which is highly encouraging.
Only 500m of the Cancet pegmatite has been tested.
A corridor of 6km in length is now considered prospective for pegmatites.
Worth noting their other top tier mines situated around us in the 22 to nearly 50mt tonne range.
James Bay shares similar features. High grade. Shallow mineralization. James Bay is considered to be one of the lowest cost mines due to the same similarities of coarse grain size, favourable mettalurgy and low strip.
James bay is part of a 4km pegmatitite corridor.
As soon as a resource is proved up expect the market cap to rise significantly.
the exceptional grades of Ta are a massive bonus to this deposit also. Grades of over 300ppm.
Some of the biggest lithium mines in WA. Greenbushes, Tawana etc. all mined the tantalum. Parts per million were generally around 140.
I believe a sizeable resource is yet to be uncovered so will be getting set before this happens. Still risky but the odds are definitely in our favour.
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53.0¢ |
Change
0.020(3.92%) |
Mkt cap ! $114.6M |
Open | High | Low | Value | Volume |
52.5¢ | 53.0¢ | 50.0¢ | $248.8K | 482.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17560 | 52.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 7263 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.515 |
2 | 101500 | 0.510 |
1 | 22685 | 0.505 |
2 | 35000 | 0.495 |
8 | 92477 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 17000 | 2 |
0.570 | 19105 | 2 |
0.585 | 20000 | 1 |
0.595 | 10000 | 1 |
0.600 | 20000 | 1 |
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