General comments/chat, page-17178

That article has been making the rounds on Twitter today by the shorting crew, trying to highlight that ADN don’t have a high quality resource.

What they don’t understand, and it takes a while to wrap your head around, is that ADN has a diverse resource that covers a lot of bases.

For example, Great White is perfect for ceramics and doesn’t need 40% Halloysite. We have other tenements with very low iron and impurities so will be suitable for the premium paint market. Camel Lake is reported to have 99% Halloysite which is off the scale and can be used for specialist applications like medical/nano.

So Geoff can pivot to whatever market he wants and where there is a need. It’s all high quality and we have decades of material.

The Kaolin mine in your article I believe is past it’s best with all the good material already mined. Correct me if I’m wrong but I also believe it may be Longyan Kaolin that you referenced with 40% Halloysite, interestingly Longyan have a LOI with Andromeda - interesting!

In summary, Kaolin/Halloysite is a very complex mineral and difficult to understand. You would want someone with a lot of experience steering the ship.

The Twitter crew have a short on and are trying to muddy the waters with google searches. I agree with you that right now ADN is fully priced for now, but with all we have to unfold in the next 5 years, this is a future cash cow and dividend payer.