Nice bounce off recent double bottom on no news. A good sign.
Not cross promoting (only hold LRS/OC) but deals are being done in this space....
Special Report On March 31, 2021
Suvo signs kaolin MoU with top tier Chinese ceramic producer↩️
The money's in the Halloysite. Infill drilling will blow the lid off this thing!
Pure Halloysite sells for up to US$3,000/t.↩️
"This is compared to a Kaolin/Halloysite hybrid, which fetches between AU$500 – AU$1,000/t, with Pure Kaolin going for AU$300/t.
Halloysite presents a low mining risk, minimal disturbance, bulk commodity with attractive profit margins."
From today's LRS AR...
"Prices of both kaolin and halloysite have been rising with commercial grade kaolin selling for up to A$600 per tonne and high-grade halloysite selling for up to A$4000 per tonne"
LRS General Discussion, page-280
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $574.2M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.8¢ | 20.5¢ | $3.085M | 14.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 480497 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 462250 | 5 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |