LRS 3.85% 25.0¢ latin resources limited

Projects: GOLD/HALLOYSITE/LITHIUM/COPPER/HEAVY METALS, page-1099

  1. MrQ
    4,937 Posts.
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    Correct. Each manufacturer requires different brightness. Price goes accordingly from $200 to $1,500 a tonne. Top end appears to be 89-92 from the top miners currently around. Japan and Portugal are lower volume, but go for the super bright. But that's just the sexy top end porcelain and associated kaolin use. Another 1,000 uses the world has and buys at all grades. We can make nice shareholder value from any grade. Costs tend to be low, but a quarry style an advantage. Its from memory, but i think ADN were saying, for their first quarry, that the mining will take 6 weeks and that will do production for the year.Thats based on current production plan of course.

    ADN was using $700/t in their updated PFS, but not shocked if that ends up over $1,000 in their bankable DFS due out end March early April.
 
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