ADN 11.1% 1.6¢ andromeda metals limited

ADN - the sleeping (but awakening) Halloysite / Kaolin & HPA Monster, page-119

  1. 4,816 Posts.
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    After speaking with the company this afternoon, I can confirm that it's the Camel Lake project that James was referring to when we met. The company is putting together a program atm to drill and define this area after the resource samples from the region came back over and above company expectations.

    In regards to the SS, they have confirmed that this is predominately complete, however due to the significant interest from the market in regards to formalizing interest by way of LOI's, the company is looking at how to maximise this in terms of project delivery + cash flow generation etc. Iam not phased if the SS is this month or next, there is a valid, positive reason why they are taking their time on this.

    Until then I will continue to add to my position.
 
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