We appreciate non holders offering contrarian advice if they've studied the whole picture. If you had've done so, you'd know there is not and has never been a spot price for kaolin, and that the global demand is increasing while supply is dwindling. This is one of the main reasons most of us are here. This is written in the DFS but I'm assuming you just read the numbers and made a general conclusion based on that only (I'm also assuming you don't have ulterior motives) . There's so much more to the ADN story than stage 1, this is just the first part of a massive project, with multiple product lines, but if we don't get the funding for stage 1, the big picture doesn't happen. Our new CEO has (thankfully) simplified the project to get it off the ground, so if you just look at stage 1, it will be unimpressive at first glance. Funding is everything right now, and this DFS seems strong enough to secure that funding. Hence most of us are very happy with it.. All the best..
ADN Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
(20min delay)