ADN 0.00% 0.8¢ andromeda metals limited

Ann: Noosa Mining & Exploration Investor Conference Presentation, page-146

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  1. 1,137 Posts.
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    I was just watching the proactive interview a few weeks back.
    James clearly states that the new plant we are building can produce all four products that we want to eventually produce.
    Which is the cramics markets, paints and coatings, concrete, and lastly HPA.
    I wonder if this is where all the confusion is stemming from.
    My new take on all of this ,and I stress it's just my opinion, is that possibly.we will produce HPA 4N which is 99.99% purity which can be sold and all profits split 75/25 as per the joint venture.
    But the deal we are doing with AEM is an Andromeda venture, which is 5N 99.999% purity, and the feed for this can be sourced from GW or mount hope, which if that's the case it would probably already have been discussed between MEP and ADN I don't think James is the type to go out of his way to create conflict, because he's mentioned so many times how he likes to be thorough and do things right.

    Anyway it's just a possibility but would explain why all the confusion.

    Also just a question, maybe wombat can help because you was just mentioning the dorsal fin area, which I think from memory it has a high Halloysite percentage, so is the addition of halloysite an advantage for HPA feed or not, I can't find anything on this.
 
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