ADN 0.00% 0.8¢ andromeda metals limited

Ann: Maiden Tiger Kaolin Resource & Rare Earth Element Potential, page-13

  1. 5,535 Posts.
    lightbulb Created with Sketch. 1377
    This JORC of Inferred status is based on drilling performed in 2011 and defines the orebody, an essential step toward development.

    "...kaolin from Tiger is classified as a medium-grade kaolin product suitable for general industrial use."

    This is likely an ideal source for the DSO BOA's ADN has signed with Chinese and Japanese buyers. It will meet the quality standard described and save the super-white ores for high end high value applications.

    Today's announcement is only the first in a stream of positive news. The DFS is 'imminent'.

    Still need to complete PEPR. I don't see the new SA government delaying this in any way - best ignore the vapourings of the conservative fanboys.

    Ash
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $27.14M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $10.93K 1.352M

Buyers (Bids)

No. Vol. Price($)
52 18550853 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 31466854 24
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.