Nice excerpt from Rat's Rant today:LRS - Latin Resources Limited...

Nice excerpt from Rat's Rant today: LRS-Latin Resources Limited today closed up 17% to finish at 13.5c on $5m stock traded. There was no news out today but roughly a fortnight ago they announced rare earth elements were discovered at its Cloud Nine Kaolin project located in WA. Results from 30 of 78 samples submitted for analysis have returned anomalous total rare earth oxide (TREO) concentrations of >1000ppm with a maximum value of 3617ppm. LRS believes these results are encouraging and warrant further analyses to identify the extent of the REE mineralisation encountered at Cloud Nine. Back in June last year we mentioned them in our What's Doing section in much more detail which you can find on the link below, when they were far cheaper (sadly). https://bit.ly/3pAqn15 Some details on its Cloud Nine project are listed below: ENCOURAGING RARE EARTH ELEMENT RESULTS AT CLOUD NINE KAOLIN PROJECT HIGHLIGHTS Geochemical analyses confirm widespread clay-hosted rare earth element (REE) mineralisation. Up to 3617 ppm, 0.36% total rare earth oxide (TREO) in <45 µm fraction from halloysite-kaolinite units. Cloud Nine is enriched in the high-value ‘magnet feed’ rare earths, magnetic rare earth oxides (MREO). MREOs are a critical component of high-performance magnets used for climate economy products such as electric vehicles and wind turbines. Latin Resources Limited is pleased to report the results from the recent rare earth element (REE) analysis at its 100% owned Cloud Nine Halloysite-Kaolin Deposit in Western Australia. The results have confirmed REE mineralisation with anomalous concentrations in 38% of the samples. Latin Resources Managing Director, Chris Gale commented: “The initial analyses for REEs are highly encouraging with a high proportion of magnetic rare earth oxides which are critical to the battery evolution. “In particular, these rare earth commodities are key components in the creation of permanent magnets used in wind turbines and electric vehicle motors, making them crucial for the ever-growing renewable energy transition. “These findings warrant additional evaluations to explore the potentiality of REEs within our halloysite-kaolin deposits at Cloud Nine. We see these early findings as an exciting step in further expanding Latin’s efforts to build projects to progress global efforts to net zero emissions”

I was much better atPig Latin.....such a useless subject Latin(as always IMO)