ADN 4.55% 2.3¢ andromeda metals limited

230KTPA isn't the production target - not sure where you got...

  1. 411 Posts.
    lightbulb Created with Sketch. 157
    230KTPA isn't the production target - not sure where you got that figure?

    250ktpa feedstock, likely ~116000ktpa saleable product (DFS to confirm).

    BOA currently sit at 75ktpa, leaves 41ktpa left.

    PE of 14 also pretty low for this market, but again the DFS will provide more sound estimates.

    Even on your rough figures the SP is undervalued currently without considering other tenements and mineral production
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $71.53M
Open High Low Value Volume
2.2¢ 2.4¢ 2.1¢ $440.2K 19.15M

Buyers (Bids)

No. Vol. Price($)
2 174773 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 924651 8
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.