The ADN transformation continues with more significant demand from end users of the unique halloysite/kaolin blend,. The unique part of this for ADN is they are in a very strong position to finalise their scoping study now with significant demand across all end product with significant demand for DSO,Dry/wet processed ore. The market is finally waking up to the opportunity here for ADN to fast track to production for halloysite/kaolin markets into end users in the ceramics and high paint markets to name a few. This is not a race like back in the lithium hype period where 1000s of companies were racing to produce lithium. ADN is unique in its blend of halloysite/kaolin which unlike kaolin alone which is out there in significant numbers globally halloysite is not. ADN has the unique resource and the man at the helm in James Marsh who knows the industry inside out and the end users from 30 years in it. Halloysite is a much in demand product as a blend with kaolin plus as a pure halloysite and ADN is positioned with both and are moving at a rapid rate to supply it. A very unique position to take interest from numerous customers who want the product then pick the ones best suited for ADN in terms of margins and strategically for potential future JV opportunities into HPA production. This stock is one of those ones that come along rarely.
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Mkt cap ! $68.42M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.1¢ | $73.39K | 3.354M |
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No. | Vol. | Price($) |
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4 | 1285067 | 2.1¢ |
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Price($) | Vol. | No. |
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14 | 2150752 | 0.020 |
10 | 2323444 | 0.019 |
8 | 2140482 | 0.018 |
9 | 4776549 | 0.017 |
Price($) | Vol. | No. |
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0.022 | 348912 | 1 |
0.023 | 1423981 | 6 |
0.024 | 1096703 | 12 |
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