ADN

0.00%

0.9¢ andromeda metals limited

General comments/chat, page-238

First 238 Last

Share
Profile

Follow
rattle

7,197 Posts.

601

07/06/19

15:41

Post #: 38963739
Share

Originally posted by Chaya: ↑

Hi Rattle - It's right at the very end of this ANN about the Chinese visit to our site - I read the whole ANN again and I can tell you that I am just so pleased with myself for having a real big crack at ADN - the potential is simply massive but just as importantly we are being driven by a truly sheeeet hot bunch of Directors and having JM in charge is a dead set God-Send IMO. If I had another 6 figures spare to throw at ADN I would without blinking an eyelid

Chinese company representatives and Andromeda directors at T‐Ports Lucky Bay port facility Following the visit, the Chinese company expressed interest to progress discussions with Andromeda for a premium kaolin product as well as collaborating on potential HPA production in China. To further illustrate the opportunity to meet an increasing demand by Chinese customers to source quality kaolin supplies from overseas, effective from 1 June 2019, the Chinese government will be applying a tariff of up to 28% on all imported kaolin from the United States, which is currently a significant supplier into China. USA Dry‐Processing Trials Dry‐processing trials, with Andromeda executive management in attendance, were conducted during the previous week on a 500kg sample of raw ore from Carey’s Well by an American world leader in the design and supply of kaolin plants with the objective to determine optimal plant componentry and operational parameters. Samples from this processing will be freighted back to Australia for analysis before a final optimisation run is undertaken later in the month. All data collated from these trials will be compared with large scale trials already conducted in Australia and China. Additional dry‐processing trials will be conducted with another Chinese company during June to obtain further data for process plant design optimisations. Figure 3: Dry processing trials performed on Carey’s Well ore by USA leader in kaolin plant design Scoping Study Based on discussions held in China with a number of potential customers of halloysite‐kaolin and the positive follow‐up Australian field visit by one of these groups, ADN has decided to fast‐track a study on dry‐processing at Poochera in order to build on the initial encouraging testwork undertaken in Australia and China and which is currently being completed in the USA. The Company is to engage a process engineering consulting group to review dry‐processing plant designs, develop process design flow sheets, mass balance modelling, plant layouts and capital and operating costings for inclusion in the Scoping Study. A positive dry‐processing result would lead to a higher value dry‐processed halloysite‐kaolin product being produced on site, in addition to the current evaluation of the direct shipping ore (DSO) option. As a consequence of this important engineering study, the expanded Scoping Study to consider both DSO and dry‐processing options for Carey’s Well ore is now anticipated to be released during the next quarter.

Expand

Thanks for that Chaya. It always pays to reread announcements as there is always things that are forgotten or missed.
Sounds like there is a fair bit extra to be included in the scoping study, so it could take a while yet.

ADN Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

HLX

Helix investor makes partial takeover bid, proposing board changes

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

There are more pages in this discussion • 44,326 more messages in this thread...

First 238 Last

Add ADN (ASX) to my watchlist

(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $30.54M

Open	High	Low	Value	Volume
0.8¢	0.9¢	0.8¢	$59.75K	7.094M

Buyers (Bids)

No.	Vol.	Price($)
35	14252787	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	20161215	17

View Market Depth

No.	Vol.	Price($)
30	11902287	0.008
25	12549447	0.007
11	7653333	0.006
6	6825000	0.005
1	4500000	0.004

Price($)	Vol.	No.
0.009	20161215	17
0.010	22510994	15
0.011	16993479	8
0.012	23711434	9
0.013	1851111	5

Last trade - 16.10pm 30/08/2024 (20 minute delay)

ADN (ASX) Chart

General comments/chat, page-238

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Helix investor makes partial takeover bid, proposing board changes

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General comments/chat, page-238

Top Stories

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Helix investor makes partial takeover bid, proposing board changes

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News