Ann: Commencement of drilling at Carey's Well and Company Update, page-89

brought in the options today was happy to pay .3, considering the interest starting to generate in the HPA sector, given KRR, PUA and FYI runs of late, compared to PUA, ADN have almost 3 times the resource i belive and the same resource as ATC which has a 80 million MC, ( they are much thurther along than adn but shows what adn are looking towards 10 bags from here)

and ADN resource should grow after the current drilling program, even though pua will have 5n compared to ADN 4N the market is much bigger for 4n product, and ADN will smash pua in terms of production and mine life.

imo once ADN sign a mou, or dso type of aggrement the SP will go nuts here, ADN is a massive sleeper in the HPA space.
so potentail catylist include the following

- increase in drilling resource ( announcment very soon)
- exellent scoping study report
- SIGNING OF MOU
- Singing of DSO
- sale of raw HTA product
- better terms of HPA deal
- sale of non HPA tennentants to fast track HPA holding.