ADN 6.25% 1.5¢ andromeda metals limited

still somehow it sounds to good to believe it, but it gets more...

  1. 137 Posts.
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    still somehow it sounds to good to believe it, but it gets more realistic with every announcement.
    if i did not have enough shares already i would top up at these prices.
    however it will take more than a few cc- annnouncements to get the price moving again to the previous level imo.
    we need something solid to calculate a new valuation , compare it to peers and derive a realistic target price on the basis of actual production/ contracts/ boas.

    will the cc-product require additional funding? probably, as the value for adn is not in hk, but in the process patented.
    first we will have to fund stage 1 of the business plan before cc can be included.

    long for longer ( and higher)
 
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