ADN 16.7% 0.7¢ andromeda metals limited

Word's getting out, page-16

  1. 70 Posts.
    lightbulb Created with Sketch. 15
    DSO- Direct Shipping Ore?
    Its an interesting concept.

    Would involve digging it up with bulldozer, digger and truck , crushing plant, wet circuit to remove impurities, drying kiln with storeage and transport facilities.
    The process is pretty straight forward engineering wise and already proven.
    Giving ADN a pricing of $500/t for low purity Aluminia halloysite and from $1,000 to $5,000/t for more pure aluminia.

    See link from 3minutes 50 seconds for the process currently done at a Halloysite plant at Matauri Bay in New Zealand:

    After getting ADN up and running with some DSO then management could invest in more technical methodologies to provide a higher spec purity aluminia. That would bring in a $20 to $25K/t price for 99.99% up to $30k/t for 99.999% purity for use in Electric vehicle batteries. As proposed by FYI.asx

    Exciting times for all share holders.
    DYOR
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.001(16.7%)
Mkt cap ! $24.00M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $4.903K 748.1K

Buyers (Bids)

No. Vol. Price($)
24 17955019 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 9103740 27
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.