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0.9¢ andromeda metals limited

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Plooto

2,913 Posts.

533

12/05/21

09:15

Post #: 53111726
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Originally posted by IAmCrabSlayer: ↑

unsubstantiated guesses?
how do you think you got to be over valued..?
the reason NO-ONE can speak intelligently on the numbers is that there is zero correlation between the prefeas and the upcoming DFS.
the former document contemplates a DSO scenario earning $700/t and selling 500,000t (or something of the like) with the CAPEX for wet processing being funded by cashflow in year 2 or 3 (i don't remember exactly)

but now the narrative has changed to wet processing and around 120kt of finished product with the same selling price as the DSO figure ($700/t) with all the CAPEX upfront.
that makes no sense?
in an interview James said he wanted to do this to keep more of the value as opposed to the DSO option. but that simply doesn't happen in the above mentioned 2 scenarios, does it?

so you can say and think what you want, just as I will, but to imply YOU know the truth and everyone else with a differing view doesn't know what they're talking about is nonsense.
enough talk. let the numbers speak for themselves when they are released. we'll see who's right and wrong then.

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Hmmm..
A thoughtful, respectful, and well reasoned post.
You must be a shorter slash paid downramper.

ADN Price at posting: 17.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 0.9¢		Change 0.001(6.25%)		Mkt cap ! $28.84M

Open	High	Low	Value	Volume
0.8¢	0.9¢	0.8¢	$22.01K	2.706M

Buyers (Bids)

No.	Vol.	Price($)
37	13281388	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	24752679	22

View Market Depth

No.	Vol.	Price($)
37	13281388	0.008
30	18235701	0.007
18	10813123	0.006
8	7425000	0.005
1	4500000	0.004

Price($)	Vol.	No.
0.009	24752679	22
0.010	24754328	14
0.011	16993479	8
0.012	23711434	9
0.013	2351111	6

Last trade - 15.27pm 03/09/2024 (20 minute delay)

ADN (ASX) Chart