AnorTech Inc V.ANOR

Alternate Symbol(s): HUDRF

Metals & Mining Industrial Metals & Minerals

AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.

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AnorTech Inc > Hastings to acquire strategic holding in Neo Performance Mat

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Comment by rkelly5on Aug 26, 2022 1:34pm

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RE:RE:RE:Hastings to acquire strategic holding in Neo Performance Mat

What I take from this is maybe we will keep our 31% intrest in White Mountain and sell them Anorthosite from a 100% owned mine . We will get a small cut from a REE mine , but we will never get anywhere near the whole pie on either White Mountain or the REE . At this point i think this is best case sernario and hope that maybe we will get a cash flow before we have to delute .

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