Good to hear James give some more information around the range of product types that ADN's resources can be applied to.
No issue hearing that the DFS may be slightly delayed to give the company sufficient time to include economics for the projects should they be able to supply a product to the concrete industry. This product requiring much less processing (just remove the sand) and achieving a superior premium. Any delay in delivering the DFS will not see a change to key milestones for the group (permit applications, decision to mine etc), it should only deliver a more compelling DFS for the company and shareholders!
So James saying their prelim investigations into the concrete additive should be finished today, which will now allow them to engage with the cement industry throughout the course of the month with a view to firming up interest / pricing / demand profile for the product. I wonder if the company plans on releasing any of this information or whether they will wait until the 90 day testing is complete to receive the Australian standard certification.
Great to hear James' experience in this space, it's not new to him and he knows what the industry needs to see to ensure acceptance.
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