ADN 4.76% 2.0¢ andromeda metals limited

General comments/chat, page-15109

  1. 266 Posts.
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    SH have been advised ML application is due to be submitted in Feb. I expect that to be a key piece to inform the DFS so maybe JM will have a chat with Samso then, not sure you'd call the application price sensitive but still an important milestone. The key price shifter will be DFS, hopefully 1Q, then ML approval in November delays in these will see a knock on effect on commencement of mining planned for 1Q next year, and as a consequence SP and when we achieve the $1.04 as an independently established discounted valuation of a mine in production (thanks Wombat! and not suggesting this is advice everybody needs to DYOR)
    how far the DFS kicks our story along the road depends on its findings and quality. 50c?
    Finances, BOAs, ML approval 75c?
    project start up and commitment to mine 90c?
    First production $1?
    DYOR GLTAH
 
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