Quote:
Originally Posted by JBmurc
ADN will be a safer bet because of their work with the concrete strenghtening applications - I can see concrete 3D printing of buildings scaling up as the automation gets better and the concrete getting stronger because of halloysite kaolin.
LRS-Latin Resources explorer -MONSTER IN THE MAKING!!
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12-02-2021, 11:16 AMStumpynuts
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12-02-2021, 04:48 PMJBmurcYes for sure but LRS not just Halloysite kaolin its actually one of the smallest valued targetsQuote:
Originally Posted by Stumpynuts
1#--- Lithium exploration starts this quarter and that we’re funded for 5 more quarters Via Major Lithium player JV
We are the largest Li spodumene landholder in Argentina. We have two main projects, Catamarca and San luis. The Jv is only on the Catamarca project. Integra's initial estimate is a 20+ year mine life producing 200,000 tpy at 6% Li2O. Cost of poduction is 30-40% less than peers in Western Australia spodumene producers. Although we don't have a Jorc yet but based on this info I have worked out the NPV at app $1billion. I'm hopefull however that we will be doing Li hydroxide or Carbonate for maximum profit. I have based the calculations on a 10% discount, 25 year mine life, 250,000 tpa.
The info is based on a combination of our Anns and a report done by Integra whilst they were doing their DD.
► LRS has the largest hard rock
spodumene landholding in
Argentina
► Under-explored spodumene
Pegmatite Swarms
► Potential to host World Class
Lithium Deposit.
► Secured a JV with Integra Capital
( Argentinian Private Equity
Group) in which they will invest
US$1m into Catamarca for 50% of
the project
► Integra to become LRS major
shareholder with 10% holding
2#-Copper Peru...another JV with another major miner 10 Billion cap FQM
3#-Guadalupito Andalusite and Heavy Mineral Sands Project --It has the potential to be a world class project , andalusite mineral content, magnetite, Ilmenite, rutile, zircon, garnets, apatite and guess what? Rare Earth Element (REE) bearing monazite
4#- 30% S/H in Westminster Resources TSX-V:WMR. They had bought LRS- Ilo Este and Ilo Norte CopperProjects in Peru. Copper Porphyry deposits
5#-GOLD COPPER NSW AUS-75% interest --Malindra Project near Cadia Au/Cu
geological setting is highly prospective for copper-gold skarn mineralisation, as highlighted by the NSW prospectivity mapping -
15-02-2021, 08:37 PMJBmurc
LRS Another massive day my opts up $40k AUD and if they were priced correctly add another $23k head share close 7.9c .... still no results but is looking like with LIND gone now from the register... selling pressure has been overwhelmed by Buyers wanting more LRS ... results due any day 10c looming
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13-03-2021, 09:40 PMJBmurcADN now $800mill ......LRS still $77millQuote:
Originally Posted by JBmurc
Great post from "woodpecker" on HC
Sure. Adn opex in the pfs was around 350$ per ton so that should be repeatable. Selling price from 700$ to 1200$ per ton.
@ 700$ Adn got margins around 350$ and an Irr of 175%. So at 1200$ that should be crazy!
Adn plans to supply also the concrete industry and stated that the processing costs would be lower than the 350$ for the ceramics but the selling price could be 4-5times higher ~3000$ per ton. With halloysite kaolin you can supply extremely different industries so you could ending with well over 20 products or much more. In the nano sector one ton sells for several millions $.
Don't want to cross promote here, just give examples. Adn is way more progressed so is paving the way for Lrs and others. Demand is so high and supply is so limited, there will be no struggle for both companies. Some might think Adn holders are worried because of Lrs sucess but I don't think that's the case. Both will be extremely successful if they bring the projects into production. Lrs will need a experienced professional in the space once the drilling is done that will take the helm. Mngmt now has too much other projects to manage them all effective.
......I'm 90% confident my LRS investment will make me a Million within the next 24months... -
13-03-2021, 10:52 PMtroyvdh
Wow..I love the bold.
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14-03-2021, 07:22 PMJBmurcEasy to be bold when you get the early results of Halloysite Kaolin that won't take much to get into production as on the surface aka just use a loader and fill the containers off to China $$$ only 300Kms to port ... LRS gaining solid cashflows can't be under estimated as they have many other projects that then could be aggressivelyQuote:
Originally Posted by troyvdh
explored ... My target value for LRS is 400-500mill Cap within next 12-24months.. I don't think this is unrealistic when we look at the likes of ADN
https://thewest.com.au/business/publ...mpression=true -
22-03-2021, 05:30 PMdenpal
Hey JB I get the feeling I need to look into this puppy, what's your price target 2-3 years out? What's the biggest risks? How do we know how sustainable this kaolin product is? Like the sound of the oppies and liquidity looks not too bad too. Thanks in advance.
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22-03-2021, 05:37 PMdenpal
Fully diluted around 1.92B shares, MC on this basis $105.6M.
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24-03-2021, 10:28 PMJBmurcI think so ... LRS has run really well over the last year up like 1600% at one point so certainly coming from a low base ... and as we are seeing of late many taking profits and pip traders leaving for hotter shares at present ... LRS will fire up again when we get a JORC on the Kaolin/Halloysite which looks very likely to be a commercial project of size ... Kaolin is a 5.4billion+ pa valued market at present with predictions of it going past $8billion 2024+Quote:
Originally Posted by denpal
worth a watch LRS discovery looks very similar to ADN https://www.proactiveinvestors.com.a...-should-911063
LRS major advantage is not only have one mineral focus with - HUGE Copper + Lithium project lead by Billion cap miners than specialise in their sectors and countries ... a great kicker even 10% free carry could be worth hundreds of millions -
13-04-2021, 09:50 PMJBmurc
https://www.youtube.com/watch?v=94UEB_jImUY
BIG BIG resource >> not long now MAY we are to get Resource est. numbers this will spark the market up