ADN 7.69% 0.6¢ andromeda metals limited

company valuation, page-3

  1. 115 Posts.
    (unya2585)

    Tend to agree with you, but they will burn $3.5m this finacial yr in drill cost's and admin / lease expences, so can bet a script issue is coming.

    Wgr will definately be interested in Rover assett but don't have to do anything about it for the time being, so they will not be keen to enter into a cash deal.

    My gut feeling is that they will get taken out, by whom is just speculation on my part but wouldnt be surprised if MLX / Wgr wouldnt be working on something right now, although don't know if they would be interested in the SA leases.

    Cheers

 
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