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New OAR predictions, page-819

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    I spoke to the company this afternoon.
    The excitement around Gibraltar is obvious from their side but ultimately the devil will be in the drill bit. ADN have the best halloysite grades in the world so we can't expect to match them. BUT the comment that stood out for me was that we don't need to have the same grades in order for the market to be excited.
    There doesn't appear to be any meaningful delays for results from Gibraltar "days to a week" not months.
    Peru and Nevada different ball game due to Covid and so many unknowns.
    The company is working hard on Crown applications but I got the impression there won't be any left field surprise ANNs on this project. Obviously could be wrong but may be a while before we see progress.
    I expect we will get an ANN on Gibraltar first and then a broader company update and reaffirmed plans for 2021.
    All in all came off the call buoyed and looking to buy more options this week.
    Good luck to all holders - not long to wait for Gibraltar now.





 
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