The work on exploration relates to formally quantifying scale of resources and hence potential production growth. Very important if a takeover bid were to occur. Better than relying on exploration targets.
ADN have a significant collection of high-grade low impurity Halloysite assets. They are set to become a dominant supplier.
https://hotcopper.com.au/threads/an...lloysite-kaolin-monster.4909307/#.XboMtyXZXDs
It’s important they quantify the assets before decision to mine and approvals as it is after this point in time takeover bids may occur.
ADN Kaolin / Halloysite Resource Summary and Peer Data, page-12
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