ADN 5.88% 0.8¢ andromeda metals limited

Ann: Great White Kaolin Project - Definitive Feasibility Study, page-363

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  1. 3,574 Posts.
    lightbulb Created with Sketch. 1263
    Not sure if its been said today, but thing to note is that James has been quoted in the past as saying an all singing all dancing wet processing plant would cost 50 million. When you now factor in the huge blow out in all transport and material costs, plus ADN now quantifying other costs such as a few roads upgrades, I feel the 90 million figure is literally just a sign of the times right now.

    Hopefully ADN get secure the necessary finance asap so they can get set before prices rise further.

    I dare say it won't be a problem for them though.... just requires patience now while they build out from her over the next 6 months.

    We won't see todays prices again shortly...
 
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