When this is released I think we will see significant share price appreciation. It was excellent.
I have been trying to understand why we aren't at multiples of our current market cap, and I now know it is purely that the market doesn't understand the difference between Kaolin and Halloysite.
This will be a huge company, and James is the foremost expert in this mineral. To paraphrase, he said we have it all lined up we just need to execute now.
The most exciting part: they now have a wet processing plant that uses minimal water with lower capex/opex than dry processing that can turn our 20% halloysite at Poochera to 95+% purity. Can sell at $5000/t with over $4000 margin. Just on what we have in the JV right now that's a $10b resource.
That doesn't include our other tenements with high purity Halloysite.
This could be the interview that wakes the market.
ADN - News & Media, page-73
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $54.43M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $95.57K | 5.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 185017 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 3451930 | 13 |
View Market Depth
| Last trade - 14.27pm 16/05/2024 (20 minute delay) ? |
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Last
1.9¢ |
Change
0.001 ( 10.5 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.9¢ | 1.8¢ | 2762241 | ||
| Last updated 14.37pm 16/05/2024 ? | |||||
| ADN (ASX) Chart |