ADN 6.25% 1.7¢ andromeda metals limited

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  1. 2,523 Posts.
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    Interested in following up your thought on sand.
    Just plain old sand (other than stuff from the sea) is in short supply.
    The sand will be refined to some degree and once on a processing line could easily be refined further.
    The logistics are already sorted so the sand should be cost competitive

    https://www.theverge.com/science/2018/9/4/17797394/sand-microscope-grains-scarcity-construction-industry-concrete


    "Sand may be the scarce resource that's key to economic development in the 21st century. Just as fluctuations in oil prices shaped the economic prospects of nations in the 20th century, sand could do the same now — with increased prices triggering economic losses and valleys leading to economic booms."
    https://www.*.com/global-sand-shortage-could-cause-damaging-effects-2018-12/?r=AU&IR=T

    .....and so on, but the real value of silica depends on its purity.Can any of you brainiacs help me with info on ADN's "sand".
    Imagine the cashflows if our waste product proved to be easily processed to a high value product!!
    Here we are- $9-$10 a Kg retail for 4N silica!
    https://www.alibaba.com/showroom/silica-price-per-kg.html

    ....and the chances are that whatever is drawn off in purifying the silica would be saleable in its own right.
 
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