ADN CHART, page-2791

Let me display this chart a better way with the FIB retracement from the recent low of 2c, back up to its previous all time high.

Presently we are still trading within an upward trend channel, testing the FIB retracement marker of a 23.60% increase from the recent low of 2c. Today's pricing matches the support/resistance traffic from back in late 2018 and November 2019 so there may be a bit of churn here before the SP marches onward and upwards again.

Recent trading traffic then lies between FIB 38.2% and 61.80%, with the bulk of this traffic occurring around the 50% FIB which is pretty cool.

Once the SP pushes through 50% it shouldn't have too much trouble blasting past 61.8%...possibly after one or two retests back at the 50% FIB.

I dare say we will see the SP naturally rally towards the 38.2% mark as we draw closer to the perceived PFS release date, and may even bounce above and below this mark during this lead up time.

Either way, its looking very positive a ADN are fully funded to DFS and beyond. From today's date I would say 1 -1.5 years to actual DSO revenue landing in our accounts and another year to wet processing.

SP appreciation meantime can also be gained from continued exploration across many sites which should unlock a whole lot more value down the track. Especially as the size of pure Halloysite grows.

Furthermore, if Natural Nonotech obtain the research and development grant they seek then ADN's 'all things Kaolin-Halloysite' starts to genuinely become a reality as a coal miner is also said to be on board should the grant prove successful.

So ADN have lots of funnels from which we can gain value, and in some cases, immense value moving forward.

GLTAH

https://www.spglobal.com/marketinte...-for-halloysite-with-research-entity-57750717