I wonder for a long time now, how much kaolin is in demand, what are the costs of purifying, how prepared is a - say paper manufacturer - to take on a new source of kaolin. How many tons of high quality kaolin are actually traded each year etc... What are the costs of mining (favourable i think) -in short what are the economics.
I haven't gone back through all the MEP ann's but I think I have never seen a detailed report on this.
Any views on this?
Don't get me wrong - I hold a lot of MEP and I would buy more if I had some answers.
MEP Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held