ADN 11.1% 0.8¢ andromeda metals limited

Ann: Procurement of Long Lead Items for the Great White Project, page-263

  1. 108 Posts.
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    The new board have experience in transitioning companies from explorers to producers, and it seems they want to start fresh with realistic expectations and derisk the project for the best long term outcome. It also gives the company more time to test and market the more valuable products to ensure we extract the most money for the material we have. If it extends the timeline then so be it. The resource is still there, the PEPR will be approved and the company will be mining. They have ticked off important milestones, albeit slowly, however when such a small % of companies actually get to mine, it shows how difficult it is.
 
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