Sarissa Resources Inc (SRSR)

[konastitch]

Here's a link to a PDF file for an overview of niobium by Globe Metals & Mining. I'm sure it's been shared here before, so apologies if it's a re-post, but at the very least it'll be a nice refresher!

http://www.globemetalsandmining.com.au/download.php?fname=uploaddir/announcement/Pdf_359.pdf


It's fairly recent (April 28, 2009) and essentially highlights the newest Roskill report on niobium (yeah, the $5000 one that I mentioned in my last post).

Some highlights:

- Potential for niobium to be used in 20% of steel products (currently ~10%)

- There are no suitable "replacements" for niobium, so it is not likely to become obsolete any time in the foreseeable future

- Prices likely to remain constant at pre-2008 economic crisis levels (more specifically - in November 2008, there was a benchmark contract price of US$19.50/lb - US$21/lb)