ITM makes for an interesting read on REE in kaolin (research only not held) It feels like the kaolin market doesn't excite the market much (macro driven too?) so market caps seem low so little impact on share price (ADN, WAK even when starting prelim production).
However if LRS can mine 200,000tpa @$400/t revenue = $80M gross/yr (with potential to increase to 400,000tpa ( so $160M/yr) then less costs (seems that capital can be very low for these deposits n processing cost is very low) could leave a very healthy cash flow to push into getting Li projects developed n into production over the next 3 years (to hit that Li deficit timing when prices will surge again).
So big picture looks promising![]()
IMO (extremely rough estimates based on some prelim reading/research
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21 | 1498818 | 0.160 |
7 | 720812 | 0.155 |
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4 | 730000 | 0.145 |
Price($) | Vol. | No. |
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