Short Term Trading Week Starting: 29 Jan, page-13

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andres

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29/01/19

09:32

Post #: 37246741
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Originally posted by Mundo122: ↑

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

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Agree 100% on ADN. Have seen the guys present and very impressive. Rare commodity, high usage and a very efficient production model. SP very stable. Low MC.
XAO Value at posting: 5,971.1
2 Upvote

0 Great analysis

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Short Term Trading Week Starting: 29 Jan, page-13

Top Stories

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