WA Kaolin's Andrew Sorensen speaks to Proactive's Andrew Scott soon after lodging the prospectus to list on the ASX and says they are expecting to open the offer to investors on Monday October 19. The company was formed when it purchased mining tenements from Rio Tinto in the 90s.
''We've been operating this project since that time and the owners - that's Alf, myself and Keith - have been investing heavily in understanding the kaolin market, the production process, the selling techniques and also the end-use markets'', Sorensen says.
The firm's looking to raise $22 million as part of the IPO.
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