ADN 6.25% 0.9¢ andromeda metals limited

Ann: 2023 Definitive Feasibility Study Results, page-268

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  1. 157 Posts.
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    I guess time will tell if this DFS is strong enough, I hope it is for shareholders. Even if you get funding how much dilution are you going to have? How long will it take to positively impact the share price? Stage 1 doesn't look fantastic and that deters me. Everyone else can have their own views and long term it may be a great hold.

    The upside on the current economics with the prices the DFS is worked on isint enough for me to be interested at the current market cap.

    There are thousands of companies, I'm not going to spend weeks on each. I've determined the current risk/reward for me is not good enough.

    For you, and all holders that might be totally different which you can see the long term benefits.

    Right now, I see risk and the market cap isint at level that I feel has enough upside.
 
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53 15483053 0.8¢
 

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