Ann: Proposed Acquisition and Placement, page-231

Yep I got that report saved on my PC, exactly the reason why I keep on holding.
High quality kaolin is nice and already reason for a re-rate of the MC, if they find spots with isolated pockets of halloysite, that would be a jackpot.
(Last time I made a post wondering why the share dropped 15%, the next day we had the meteoric increase of 50%...)

No fundamentals have changed if you ask me,
the only thing that is pityful from the quarterly is that Andre Wessels is leaving as a non-executive director, being on-board for only like, 6 months?
Hopefully they will find some stability within their team, as changing key positions every 6 months is not good for continuity if you ask me.
The reason why Mr. Wessels left is of course only speculative and can range from his own personal reasons to having a disagreement with the Kennedy family.

But that should not be the reason the stock will continue on its way down. Can as well be an investor needing panic selling in these days where stock markets are bleeding.