ADN 7.14% 0.8¢ andromeda metals limited

Ann: Andromeda and Minotaur to Combine, page-319

  1. 226 Posts.
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    The present situation, which is further delays - still unknown how long -, more uncertaintity about virtually all aspects of the operations where 2/2/22 was the holy date, stated several times, shorters still can ramp - done it twice and while have no proof, sure something was leaking -, loss of confidence in reality, not in future prospects, which I agree sounds fantastic....... if and when eventuates. We are now further away from cash flow, DSO which was out due to high freight cost of low value product, now back in the pic (wondering what the financial consultants doing that we need this). Reality is we still have no ML, DFS delayed, further unknown amount of cash will be spent and we are not closer of start building a mine and producing. Just my view, with all the pros and cons. Will be interested to hear JM this arvo.
 
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