ADN 0.00% 1.6¢ andromeda metals limited

Ann: Managing Director's AGM Presentation, page-22

  1. 1,447 Posts.
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    it’s a marketing document?
    can’t comment on dfs as too many omissions.i will say that if you claim to have a resource that’s better than anyone’s in the world then you would be inclined to include the products, pricing, supply mix etc etc.it wouldn’t matter - you’ve got the best and no-one else can infiltrate those segments because they only have a second tier product.
    that tells you there are others with this type of product.the fact the guys just next door have it should be enough to tell u it was spin.
    it sounds like there’s still a LONG way to go.environmental bond to be paid to open test pits for product testing / validation etc.
    no chance of finance until that is complete.
    no chance of production next year.
    which is strange that someone said Bob said target is producing / selling product Oct next year?
    that’s simply impossible.

    look I’m of the same opinion.this isn’t IMPOSSIBLE. It’s just a LONG way away and unlikely unless larger players play (which I’ve said many times)
    think it goes much lower $30m MC would be generous today in this market.
 
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