General comments/chat, page-12868

Interesting acquisition on the cards for SUV.

What does this signal in terms of Imery’s appetite to be in the pure Kaolin space?

I dare say JM will have quite a few key people from the Imery’s Australian business sending him the resumes over the coming weeks.

Iam not concerned what some so called pundits from over the fence have to say about ADN. Very easy to call shots from the sidelines when they haven’t taken the time to fully understand the company, the resource quality and meet with management.

There is an agenda here, which I won’t fully go into at this stage.

Read between the lines, all of these pure play Kaolin companies (WAK + SUV) have come to the market to list and raise capital all off the coat tails of interest ADN have generated, whilst constantly referring to ADN’s market cap as a comparative analysis to help push their valuations, even though the resource qualities are quite different.

There’s a reason why SUV are paying HC to market their business on the ADN thread, because it’s the most visited thread on the website and they are trying to appeal to the ADN shareholder base. We all know that the article written by the Market Herald, which is a sub business of HC was factually incorrect when referring to ADN’s prospects as not attractive due to the ‘high capex’, whilst heavily promoting SUV’s prospects. I understand ADN got in contact and this statement was retracted very quickly by the Market Herlad.

There is more to this story, which Iam doing some digging on, but Iam not sure if it’s worth opening the can of worms, which will likely see me suspended for shining a light on what’s going on behind the scenes with certain people that are connected to this website and the company in question.

"Suvo Strategic Minerals (SUV:ASX) has entered into an agreement to acquire Imerys’ (a French listed multinational) Australian Kaolin mining assets, plant and production facilities. Last year Imerys made 4.5 billion euro. This is a huge deal that places Suvo at the head of the pack of aspiring Kaolin companies as the only producer of Kaolin in Australia. SUV is buying 40+ years of knowledge, IP, access to markets, mining expertise, processing techniques, laboratory expertise, product manufacturing blend analysis, and general know how to streamline the production. SUV will have the people and technology from the ONLY wet processing Kaolin mine in the country to ensure White Knight, with its similar resource, is built properly. You can’t get that expertise anywhere else in the country! SUV can also provide comfort to investors on the opaque nature of the market by producing real prices and specifications for sales both here and abroad. For example, in 2019 Imery’s averaged AUD$530/t. This price would value White Knight in-ground maiden JORC inferred resource at $7 BILLION Overall this is a transformational acquisition at the perfect time for the company which sets the pathway toward being a multi-location Kaolin producer supplying the Asian market. Acquisition Highlights are $2m acquisition price$13.1m Sales & $2.1m EBITDA in 2019 (16% margin)Opportunity to increase production capacity substantially 40 years of know-how and IP Exploration upside on 3 existing sites Located near Ballarat, VIC"