ADN 12.5% 0.7¢ andromeda metals limited

General comments/chat, page-13326

  1. 11,249 Posts.
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    Lots of people pumping market cap comparisons for companies with no resources and years from mining. Some really sketchy comparisons of Halloysite grades.

    For new investors - whatever the resource - focus on companies with JORC resources, then do peer comparisons to work out what is overvalued and what is undervalued. It’s the lower risk approach.

    Also - Nearology comparisons to ADN’s Mt Hope should only be against 10-15% of ADN’s market cap ( because Mt Hope is only about 15% of ADN’s current Halloysite resources ).
 
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