ADN 0.00% 1.7¢ andromeda metals limited

ADN CHART, page-5380

  1. 2,013 Posts.
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    This is the time frame I am referring to. From now to production.

    My perspective is look at other companies that are going into production now.

    AGY
    2016 at 3c - Lithium (Argentina)
    Oct17 $15 Million Placement
    Jan 2018 on potential and resource goes to 40c over bought
    2020 comes back to 3c
    Feb21 $30 Million Capital Raising
    2022 heading to production 50c and now 41c
    Market Cap now $549 million

    PLS
    2017 at 37c - Lithium (Australia)
    2018 goes to $1
    Sep19 $92 Million Capital Raising
    2020 comes back to 18c
    Dec20 $240 Million Capital Raising
    Jan 2022 heading to production $3.89 and now $2.57
    Market Cap now 7.6 Billion

    ADN
    2020 at 2c - halloysite kaolin (Australia)
    2021 on potential and resource goes to 41c over bought
    Jun21 $45 Million Capital Raising
    2022 comes back to 6c
    2023 should see 50c plus as we head to production
    Market Cap now $326 million
    Will go much higher (BLUESKY) if CC or Hydrogen Storage or HPA get traction which includes government grants and support from Blue Chip corporates. Current research report valuation 19 cents without these considerations(great read).

    Now is the perfect timing to jump on the ADN train. I agree with most posters who compare to PLS (no sovereign risk). Yes I also agree the short term chart looks good. DYOR
 
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Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $52.87M
Open High Low Value Volume
1.7¢ 1.8¢ 1.7¢ $59.58K 3.421M

Buyers (Bids)

No. Vol. Price($)
57 18607067 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 7568607 10
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ADN (ASX) Chart
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