ADN 6.25% 1.7¢ andromeda metals limited

Ann: Pre-Feasibility Study Further Improves Poochera Economics, page-338

  1. 3,367 Posts.
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    I didn't realise in the PFS that production was 2 years away.
    This explains the sell down.
    I should have read it better too be honest.
    There is a fair bit of work to do when you have a project of that size and NPV.

    https://hotcopper.com.au/data/attachments/2204/2204218-8615ea8775e9f021e7b07640679cf21e.jpg

    I still consider ADN a buy.
    Hopefully investors with patience can absorb some of this selling.
 
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