ADN 11.1% 0.8¢ andromeda metals limited

General comments/chat, page-23181

  1. 4,447 Posts.
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    Congratulations, the company has, on my estimation, at ~26c a forward PER of 10x EBITDA, maybe more, from stage 1. Depends on the prices paid under this commercial in confidence BOA/MOU. So great job by the company putting a plank under their market capitalisation, but in my opinion, it's already fully valued 2 years out from cash flow, so whoopee amirite?
 
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