LRS 8.51% 25.5¢ latin resources limited

Interesting info just had a read of that report myself, those...

  1. WCJ
    372 Posts.
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    Interesting info just had a read of that report myself, those brightness figures seem marginal at best considering ADN have a JORC compliant resource based on a minimum raw Halloysite ISO brightness of 75. You would hope Electric Metals have some more representative samples that can provide a bit more confidence in this being a 'Flagship Project' although I hold my reservations when they describe Halloysite as a globally scarce commodity, have milestones based on ceramic grade purities and forget to mention that tubular Halloysite is the most common naturally occurring form despite it's apparent scarcity in Australia. The above would go a long way to explaining why it was not a substantial transaction.
 
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