The coatings category (inks & paints) is an interesting one that...

The coatings category (inks & paints) is an interesting one that has not had much attention here on HC or anywhere.
This is from the Annual Report:


"During August 2020 ADN announced a JORC Mineral Resource of 18Mt for the 100% owned Mount Hope tenements in South Australia. A significant amount of this material was analysed as being ultra-high purity kaolin with minimal halloysite content. This could potentially be used to produce ahigh value kaolin product for the coatings (paints and inks) sector, and a large sample has been sent to the UK for application testing. Subsequently, some equivalent kaolin was identified in the Great White Resource and this was also submitted for the same testing regime. If these results are favourable it would open up anothervery large and high value global market for the project. "

ATM I'm unaware of any numbers for coatings, either product pricing or size of the market, but it seems it is another sizeable opportunity that currently exists so revenues could be immediate upon production.

There's more. Re: HPA: