ADN 12.5% 0.7¢ andromeda metals limited

Ann: Commencement of drilling at Carey's Well and Company Update, page-143

  1. 2,804 Posts.
    lightbulb Created with Sketch. 2469
    Yep, work hard and be good to your mother! tongue.png

    In an attempted answer to your question
    IMO, and as others have posted before on this stock, compare Market Caps.
    The simple fact is ADN is worth $10m today.
    What will the value of the business be (e.g. MC) when agreements are in place DSO of 100,000 tpa and/or 200,000 tpa to an offshore dry processor?
    I don't know but I expect a lot more than $10m

    No Advice just questions to answer for yourself.
    DYOR

    GLTAH

 
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0.7¢
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Mkt cap ! $23.75M
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0.7¢ 0.8¢ 0.7¢ $17.00K 2.365M

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