ADN 0.00% 0.7¢ andromeda metals limited

General comments/chat, page-44453

  1. 967 Posts.
    lightbulb Created with Sketch. 359
    A4A are producing HPA at over 99.99% purity but they are doing on a very small scale, only about 900kg per week. They are using different technology than one suitable for kaolin as tested by ADN.
    They are in the process of building their actual large scale plant.
    They will get there.
    They have backing of a very large company (check A4A address and check one for NIC) plus government backing.
    Their experience shown that there is a range of related products with demand in the market, not just HPA in powder form.

    In my opinion if ADN can’t get a relatively simple kaolin operation for $100 million off the ground they don’t stand a chance of getting a much more complex HPA one for additional $300 million (mine and processing plant would still be required).



 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $23.75M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 1000 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 262490 3
View Market Depth
Last trade - 09.41am 01/10/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.