ADN 0.00% 0.7¢ andromeda metals limited

ADN valuation - what DFS NPV is required to justify a SP increase from here?, page-2

  1. 527 Posts.
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    Hi nicwix, to answer your questions simply would be as follows
    No
    Yes- due to concrete sales assumed to be in the new DFS..

    Valuation also would encompass amongst other things lower risk “quarrying to simplistic mine” design.
    Shorter turnaround from DFS to mining than normal.
    Longer runway of numerous growth options than a typical start up.
    Multitude of potential end products and customers lowering risk even further.
    Rising demand of halloysite versus dwindling world supply.

    Im sure I’ve missed something as I’m just knocking of night shift but there’s some solid nuggets in there to chew on.

    cheers



 
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