ADN 10.5% 1.7¢ andromeda metals limited

Hi Pezz69. I think 'a starter plant' is actually just 'starter...

  1. 662 Posts.
    lightbulb Created with Sketch. 329
    Hi Pezz69. I think 'a starter plant' is actually just 'starter plant'. Now I don't know the mining process and hopefully someone could explain what happens at the start of a mining operation when ground is actually broken.

    Could this simply be the starter plant is an excavator, a truck or two and then it's dropped on the ground near where the long lead items will eventually be placed. Some other starter plant could be front end loaders to then put into the processing plant.

    I liken this to a new wheat farmer that is just starting out, they don't need the harvester and storage bins at the start, you would buy the sowing equipment etc etc first and start the process.
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
-0.002(10.5%)
Mkt cap ! $52.87M
Open High Low Value Volume
1.9¢ 1.9¢ 1.7¢ $128.2K 7.202M

Buyers (Bids)

No. Vol. Price($)
15 4315104 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 3176605 7
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
1.8¢
  Change
-0.002 ( 2.78 %)
Open High Low Volume
1.8¢ 1.9¢ 1.7¢ 11502616
Last updated 15.59pm 10/05/2024 ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.