ADN 6.25% 0.8¢ andromeda metals limited

General comments/chat, page-9455

  1. 2,525 Posts.
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    Hope it's ok to copy this from their ann as it perfectly illustrates the kind of "mining" operation we're talking about for ADN. "Mining" cannot get any simpler. To me. it means that all the work required and the associated risks to get mining approvals should be a lot smaller than for any other more typical mining applications.
    https://hotcopper.com.au/data/attachments/2313/2313295-8096c06ead9ef31882cdddebb81fa14c.jpg
    In fact, I've even wondered whether there is a difference, and an easier pathway, in rules and regulations, between mining and quarrying?

    This is the once piece of criticism I have on James. Whilst he is rightly so excited about all the technical aspects, the high purity, the composition and all the associated different present, near and longer future opportunities this holds in different markets and different countries spread across a number of ADN sites each with a slightly different angle in terms of exploration status, mix, size, access, combined with 3 different processing options (dry, wet, HPA) each with different cost of production, sell price, size, complexity and cost to get to production balancing this with cashflow from self financed to increasing the resource to massive and going all out - you can readily see how the simplicity message can get lost:
    Get the permits, then get a few dozers out there, strip the top 2m or so, then dig up mineable valuable sand containing enough Kaolion to make it worthwhile, dump it into a truck, ship it to port and export it to get the cashflow rolling, as soon as end of 2021. All financed through existing funds. Just how we get that message out there esp. to some instos because, IMO, it doesn't get any better than this!
 
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