ADN 6.25% 1.7¢ andromeda metals limited

Ann: Investor Presentation - Shareholder Webinar, page-336

  1. 940 Posts.
    lightbulb Created with Sketch. 349
    I think that your post is a perfect example of baseless up ramping that got the share price where it is now.
    Build sky high expectations that get crushed when reality shows up.

    I understand that JM presents a lot of spin but HC uprampers take it into another reality.

    That Carbon Capture story is just marketing spin.
    JM hopes to capture CO2 at 20$/t.
    Gican papers show capture of 1 ton of CO2 per ton of
    media and hope to double this.
    Read the fine print: they have managed to capture 1 ton CO2 per ton of material at pressure of 30 bar. Nobody in this world can compress gas to 30 bar at 20$/ton.
    Have a look at how much compressed CO2 costs for gas refills.

    Converting captured CO2 into methanol is not some new fancy idea.
    Tried and tested technology.
    Costs 1900$/ton vs current price of methanol of 420$/ton.

    Have a great evening.

 
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