ADN 16.7% 0.7¢ andromeda metals limited

Ann: High Purity Halloysite confirmed at Poochera, page-90

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  1. 11,249 Posts.
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    I think 4N is the end-game ... otherwise they wouldn't have some focus on Camel Lake.

    It may be that they will use Poochera and Mt Hope for 1N (90%+) and 2N (99%) product and Camel Lake for 3N+ product.

    Camel Lake is already reported to have 99.6% purity near-surface so surely the OPEX for getting to 3N, or 4N purity will be much lower using that resource.

    I checked what purity is used for biomedical applications. In this one example they used 99.5% purity (or ideally 3N or 99.9% purity I guess).

    https://www.sciencedirect.com/science/article/pii/S240584401830820X

    Screen Shot 2019-12-14 at 3.58.47 pm.png

    So if 1N or 90% purity halloysite sells for AUD $5,000 per tonne, what will 2N, 3N or 4N Halloysite sell for? ... and what is the size of the market? (difficult to put any numbers on this at present).
 
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