Short Term Trading Week Starting: 29 Jan, page-12

STTCOMP ADN FA LONG

SP 0.7c
MC 7.5m

Taking this from Wombat777's research

• Offtakes
  • Indication of 100,000 tonnes of raw ore
  • Indication of 200,000 tonnes of processed material ... now in the letter this week they said:
    • "Reaffirmation of customer non‐binding offtake agreements from prospective ceramics customers in China and confirmation that the potential business is actually much larger than the >200,000 tpa indicated"
  • Interest from many countries and "tip of the iceberg"
    • World shortage of material due to shutdown of mines in China by the government
    • Very large market for petrochemical industry (catalysts for breaking down molecules .. halloysite kaolin is a very good catalyst for this, most companies would like to use it but can't get it at the moment )
    • Halloysite Kaolin very useful for Carbon nanostructures ( project with Newcastle University ). This application potentially much bigger than for the HPA for batteries going forward
• Mining
  • Very simple processing
  • No water required
  • In 6 weeks you can do a whole year of supply, stockpile the material somewhere and ship out on demand
• PFS - Plan is to push through the PFS as quickly as possible and get it to development
• Start DSO business, then the processed material
• In the meantime working on HPA angle - have very good feed material for that