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12.5% 0.7¢ andromeda metals limited

General comments/chat, page-15813

  1. HarryKane
    1,623 Posts.
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    18/02/21
    10:30
    Post #: 51107879
    @bottle thanks for you report.

    'Shareholding - 100% retail with 10,300 s/holders.
    Can't see a hostile t/over attempt until after mining approvals and DFS - "we will be in a much stronger position by then"
    Chairman has dealt with a hostile t/o attempt before.'
    Was JM prompted to say this in answer to a question or was it an unsolicited comment? It seems the board is aware of this possibility.

    More grist for the rumour mill!

    Only halfway on concrete trials is a bit disappointing. JM has said in the Crux interview that he wants concrete in the DFS/BFS so did he stay committed to it being released in Q.2?

    On HPA it seems JM is torn between the huge upside of being involved in the development of the technology to get to HPA4N & 5N but also scared off by the big CAPEX requirement. Hopefully he finds the middle ground.





    ADN Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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