Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-40

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Junhaus11

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30/04/25

10:46

Post #: 78856553
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Originally posted by bottle: ↑

Hi Bio. Always appreciate your thoughts re ADN. The company have been highlighting (quietly) Chairlift (CL) for a while now.
Great White (GW) is reasonably big and very white but the exceptionally high whiteness component suitable for premium products, ie pigments, is quite small in tonnage.
As such, the exceptionally high brightness and low titanium (a yellowing agent) of CL gives the company another product, to sell or to blend with GW.
I think the sheer size of CL will also mean a wide range of chemistry and therefore potential products for ADN going into the future.
Its size also likely gives ADN 100 years of supply when combined with GW.
(Also of interest that the company is reassaying historic uranium drill holes - says the Quarterly).

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Surprised they haven't looked into their RE's either. While it's yet another 'blue sky option' its definitely worth considering given the global focus on them right now.

ADN Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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