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0.8¢ andromeda metals limited

Thanks for the comments, just seems a reporting standard on HPH...

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Maddy2016

17 Posts.

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14/12/19

11:10

Post #: 41967447
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Originally posted by PICT: ↑

My previous post about grade was easy as it was about AI2O3, other companies were reporting their figures, but not at the same grade so it was like comparing oranges with apples, hopefully that post opened some peoples eyes to how figures can be distorted to make them look better compared to others when in fact they are worse, some companies were reporting down to -5 for the headlines when the industry standard for reporting on the ASX was -40 (ADN reported at -45)

With these results, I've struggled to find any other company reporting High Purity Halloysite (HPH), is -2 actually the reporting standard? I would say the -40/45 has nothing to do with HPH as it's a different product to a point.

What I do see is one sample that didn't need wet refined to get over the 90% $5000 p/t threshold, this is very very encouraging to me.

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Thanks for the comments, just seems a reporting standard on HPH has never been done before.

Notable remark from JM in coffee with Samso

21.50 "How do you quantify a Halloysite resource? Because it's so hard to quantify. Then getting a geologist to sign it off when they don't know what it is."

ADN Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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