Results of agm resolutions, page-15

JM is ADN............as he pointed out he was approached by AS and Co to promote ADN as a HPA play.........he specifically stated that "his first reaction was that I'm not interested in joining for HPA, I'm interested in joining a hallyosite project"..........
ADN didn't even know what hallyosite was before JM informed them......quote.......... "what is hallyosite?"
JM pointed out that HPA is high risk and high CAPEX............but:
Kaolin/hallyosite wet processed sells for ~$500/t
Pure hallyosite sells for ~$4,000/t
HPA sells for ~$40,000/t

ADN to start mining 2021..........dry processing ~2024
ATC to be producing HPA 2021

JM point out that "many kaolin projects have crashed and burned" ..................one company currently producing 1MT/year...........plenty out there.

ADN is all about selling clay containing hallyosite to the Chinese market to produce crockery.............

ATC is all about selling HPA to produce new age technology such as LED's and EV batteries...........

ATC........mining permit.........yes......ADN....No
ATC.......binding off take agreements.........yes.........ADN........no