General comments/chat, page-12864

What a week.There’s more work to be done but looking forward to some of these words in future

Offtake Funding

Strategic Partner Cornerstone Investor

Commercialisation Production Cashflow

Earnings per share. Price to Earnings Ratio

Dividends Patents Royalties

The recent Crux interview with JM the MD from early November was good.

Multiple market options for commercialisation.

eg. Pilot PlantStreaky Bay Carbon Capture.

https://www.youtube.com/watch?v=RujZY833ALM&ab_channel=CRUXInvestor

At 20minutes in

“But with these sort of newer tech things, are these sort of like spin offs or are these things that you're going to have to bring partners in to be able to develop properly? Are you getting excited about those?

We don’t' actually necessarily need partners to do this because the university has got the ability to ramp this up into commercialisation, so with the carbon capture, they're already doing that. They are virtually constructive and operational, and it's going up, all that should be relatively simple. So what we've, the IP company, which is Natural Nanotech, willcapture the material that will come from our Great White project initially, which is our first operational mine. That will go through thepilot plants and produce end products. So we can do that pretty quickly for the carbon capture, and then, it's just a case of

getting enough interest from the market, getting some sort of off takes because these

things are very valuable products, so what we know is that the university is already selling some of this material overseas, but a different version. An older version, so the old technology. So what we have here is the new technology, which works much better than the old technology, and they're already involved in the market for the previous ones. So we've got an immediate way in there.”

50c~ $1bn market cap

$1.00 ~$2bnmarket cap

Thesevaluations sound high but technology is another league. Plenty of upside fortapping into the right market(s).

Some examplesof technology sector, the WAAAX tech stocks. All of these started as IPOs andgrew into multi billion dollar companies.

		Price	Market Cap	Industry	IPO Price
1	WTC	$32.03	$10.4b	Software	$3.35
2	APX	$33.94	$4.1b	Language Tech	$0.50
3	ALU	$36.82	$4.8b	Software	$2.00
4	APT	$101.85	$28.4b	Payments	$1.00
5	XRO	$122.14	$17.7b	Software	$1.00

ADN hasperformed well in recent months. What one would expect for unique world classresources and good chances of commercialisation. Retailers are holding tight. ADNis now 20c+ 10 year highs. If/when commercial production and cashflow startsmore would expect more instos would come in for a further growth phase.

Stable marketsPorcelain Ceramics, Cement solid progress as well, high margin potential. Hugeaddressable market $600b AUD globally.

“Testing willcontinue with official Australian Concrete Standards Certification anticipatedin late November 2020. The concrete industry represents a new and verysignificant domestic and global market opportunity for halloysite-kaolin where results to date indicate that it provides genuine benefits.” Market maybe positioning for this news. They mentioned 25 November after 90 days testing qualifies for certification.

HPA High PurityAlumina also firing as an emerging market connected to Lithium batteries andEVs.

How much for a company in mining / technology / innovation with swagfuls of potential. The tech projects are very high margin. Good things happening. Signs are there. Much significant and imminent news in the pipeline which investors are loving.If ADN can convert some of these projects into real and big money, then its worth many $Millions…(only) or more?