Halloysite, Halloysite and Halloysite!!, page-63

There is a bit of confusion here. Halloysite is a nanotube. The nanotubes are not a different mineral. We are at 5c because Carey's Well has high halloysite content, low impurities and very significant tonnage. There is no market for high tonnage halloysite yet and when it comes it is better to explore what the freakish Camel Lake might offer and sell the Carey's Well product into an existing high value segment of a high tonnage and growing market. If Camel Lake is not viable then I imagine the plan would be to process some Carey's Well product into a much higher Halloysite content stream. I hope this helps.