Andromeda Metals - the emerging Halloysite-Kaolin Monster, page-99

Be careful what you wish for...

IMO ADN needs to be mindful it doesn't create too much value at once and become a simple take over target for a bigger players and we SHs miss out on the full potential of Capital Growth and Dividends.

IMO I'd rather ADN only grow the current JV at Poochera for now with DSO, Dry Processing and perhaps some toll Wet Processing.
As its a JV of proposed 75% it is less likely to be looked at. IMO All the the other side JVs we have are good for us and are unlikely to trigger for companies to take us over.

IMO Poochera gives ADN the opportunity over the next 2-4 years to develop a really nice steady business of good value reducing the risk of a take over. ADN will then have more than enough cash flow to develop MT Hope and Camel Lake and/or take over other Halloysite opportunities in SA and corner the market even further. IMO bringing anything you own online too early creates a take over risk. ...and yes I expect in that time frame HPA and Nanotube are close to revenue generation.

Remember James March has 30 years experience in this space. IMO he will want to see this one through to full production of all opportunities and leave a fantastic legacy for others to continue.

All IMO

GLTAH