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clock Created with Sketch. 12/11/20
22:27
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Originally posted by Megagene79
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Market is finally waking up to the potential ADN presents in the halloysite/kaoilin market with a globally significant resource with demand growing due to both new uses for the mineral but also due to China's closure of local mines due to pollution issues. This sets ADN up to benefit via it rapid approach to production of DSO and potentially dry processed ore.Both models could see ADN into production not only very quickly but also with low cost with the Carey's Well resource close to surface with a low cost operation. With significant interest from Asian parties including China and Japan and the high need for companies from these areas needing to lock in supply the next few months should get very interesting for ADN. With 1 Chinese party to visit this month to progress business opportunities with ADN the chances are we will see some type of agreement tied up in the short term. Interestingly a Chinese major who supplies LG with battery materials is also in discussions with ADN. All adds up to a big few months ahead for ADN.
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Just a blast from the past from the great Megagene. His analysis and thoughts were a major reason for me investing in $ADN in May 2019.
(20min delay)