IPO - WA Kaolin Limited, page-10

Yes, the prospectus was a poor document. I think it was more a tick the box exercise to put forward all the information that needs to be put forward as they may have filled a lot or all of the book before they lodged - my guess. Bit of a shame as many of the other documents floating around make a compelling case for the investment. I’m sure they’ll come out at some stage - that’s why I believe the book may be covered or close to covered now.

Also not sure when they last drilled. It’s an old site that used to be owned by Rio before it was bought out and divested from Rio. But now they have new investors, offtakes and thx to ADN, investors now know what kaolin is