While there seems to be a flurry of hopefuls announcing Kaolin projects recently, what many are missing is that Kaolin is not exactly rare. High quality Kaolin that is commercially viable to produce is rare though. I think the holders of some of these companies that have jumped on the kaolin bandwagon recently could end up disappointed to find nothing comes of their deposits in the long run.
RNU's deposit being in the same region as ADN's proven project means there is a reasonable chance they may have similar quality with similar economics to retrieve it.. As a result, I would think RNU's project could be more sturdy than many of the other 'wishful' kaolin announcements popping up lately from those chasing the latest big thing.
RNU Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
