Applied Minerals Inc (AMNL)

[RazorBoy]

Not sure how you arrived with that conclusion. While they may have filed a patent, do we actually know if L'Oreal has actually ordered any halloysite from AMNL? If so, do we know the amount: is it a few pounds for laboratory testing or a truckload for product testing/ramp-up? Based on past experience, I would not draw any conclusions. BTW, several years ago, AMNL was set to form a JV with a cosmetics company for an application using halloysite for its slow release delivery properties, for which AMNL held the IP, but apparently, the cosmetics company subsequently reneged on the originally agreed upon terms and the venture fell through.