One question..., page-27

Understand the other products we have but Kaolin still appears to be a fairly significant part of the plan, especially when you refer to the PFS etc.

Really interested in WA’s grade vs ADN and why they can only achieve AUD300/t. There is AUD400/t hole between what WA are achieving in the market (actual) and the projected figure (theoretical) in ADN’s PFS.

Also, the more competitors / product in the market usually creates downward pressure on price...