Abosolute garbage. Go read the a few papers on halloysite.It is...

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Waynecarey

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139

10/05/21

08:12

Post #: 53052431
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Originally posted by Blythefan: ↑

I'm a fundamentalist, and a long holder. I buy mining stocks which I, with my finite wisdom but breadth of geological knowledge, consider to be on a good story. So far, I've done well. I also do project generation these days, because the payoff is 10-30x from on deal. I'm into metallurgy (mostly HPA) as anyone on the KRR threads will assure you is the reason I get modded so much there. I've never shorted, because I don't have the time or inclination.

But it's easy to see why a shorter would form a thesis and execute on ADN at 30-40c.

I am perplexed by, firstly, the fact that kaolin is suddenly sexy on the ASX. It's like saying mud is sexy, what's next, someone tells you you can make your fortune digging up mud? LOL, I don't even jest.

Halloysite, like, are you people kidding yourselves? Halloysite is the dogecoin of clay minerals. It's ubiquitous, it's impossible to purify, and it's entirely unproven. Like, purified strontium sells for $1M a tonne. But so what? It has absolutely no widespread commercial use. If you want Sr, I can point to salt lakes with 0.5% and at least 500Mt of mud to dig up. Knock yourselves out. Chuck that on the back of a beer coaster and talk, I dunno, batteries, hydrogen, nanotech, akida brain chips. It's hype, it's hot air, it'll end.

So will Halloysite. Like, the guys who vended into LRS (which has way better halloysite, btw) did a car trip from Kalgoorlie down to Esperance, and stopped off at some white dams (last year they literally asked me about white dams as a clue to find kaolin and, good for them, they extrapolated to halloysite), chucked it in the lab, discovered kaolinised granite with halloysite, and it'll be coming to a pump and dump near you: Cascade Halloysite. It's utterly hilarious, the tenements are right on the highway, they were too lazy to take their (I'm guessing) Maserati Levante on the dirt to go left or right off the highway to find anything better...or they don't need to because it's literally everywhere.

If something's everywhere, it's basically worthless.

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Abosolute garbage. Go read the a few papers on halloysite.
It is hand-picked in China and Turkey and it is the most researched type of clay.
Can we sell 115kt in 2022, that is a different story.

Considering the Imerys NZ mine puts out 15ktpa that 5kt boa don't look too bad

ADN Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $52.87M

Open	High	Low	Value	Volume
1.7¢	1.8¢	1.7¢	$17.31K	1.010M

Buyers (Bids)

No.	Vol.	Price($)
46	13372661	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	6928418	14

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No.	Vol.	Price($)
46	13373171	0.017
30	7161917	0.016
12	3878492	0.015
5	1165316	0.014
3	1621923	0.013

Price($)	Vol.	No.
0.018	6928418	14
0.019	2363785	7
0.020	2919905	11
0.021	1150000	2
0.022	408654	8

Last trade - 14.31pm 25/06/2024 (20 minute delay)

ADN (ASX) Chart

Abosolute garbage. Go read the a few papers on halloysite.It is...

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

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Abosolute garbage. Go read the a few papers on halloysite.It is...

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Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

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With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

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