ADN 6.25% 1.7¢ andromeda metals limited

Ann: Investor Presentation - Brisbane Minerals Metals Conference, page-141

  1. 1,162 Posts.
    lightbulb Created with Sketch. 98
    6 months ago the talk about the CC Plant was, “its on its way or it has just arrived”. Six months ago it should have been commissioned and the big boys circling to do deals, from what James said in interviews about a year ago

    I think the timing of getting this plant commissioned is important as it has such a huge impact on the share price.
    If this was commissioned and performed to its specs can you imagine what the share price could be now!!!!!

    Like Longwind, I’m very frustrated at the absolute cock-ups from the tender process to the build and now delivery.

    Like Longwind said, I hope this experience is a lesson to the board when they send out tenders for all of our major plants going forward. It’s a must that they try and use Australian manufacturing as much as possible.

    Agree, I would like an update on what ADN are doing to find out where these containers are and report back to the shareholders with an ASX announcement. Even if they they do state, it has vanished into thin air. Build a new plant if it can’t be found in the next month.

    This scenario is an absolute cock-up and it needs to be addressed urgently.



 
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