If we prove up good halloysite and a giant deposit I disagree.
MD over at ADN has been telling everyone for years WA Kaolin-Halloysite wasnt feasible.. If we show good material, were in WA wheat belt, 300km from port, rail+road and minimal cover... Alot of non believers over at ADN still.
And for those who rave about Camel lake halloysite.. Good luck mining a lake in SA...
Things are looking similar to ADN so far, we have to proove it though. The SP has had constant pressure still due to option conversations(people are buying options converting and then selling shares for quick profit=sp pressure), tax time coming and indexes diving... To many major catalysts to chill at these levels.
My opinion. Dyor.
Ann: Directors exercise LRSOC Options, page-27
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