ADN 5.56% 1.9¢ andromeda metals limited

PFS was what we all have been waiting for confirmation that ADN...

  1. 1,360 Posts.
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    PFS was what we all have been waiting for confirmation that ADN is sitting on an opportunity unlike many others with a low cost start up production opportunity with revenues used to build into next phase development.
    15 months payback, low capex, mine life expanded to 26 years and project cashflow of $1.97 bill before tax and $1.39 bill after tax with total 35% increase from scoping study. Show me a better PFS on the ASX with low cost opportunity. There might be but this was a beauty and yes the market sold into it as they always do with a PFS. Doesn’t change anything the sell down besides get people who like to come over to a stock they dont own and rubbish it cause they missed it. They have their own lithium companies they should be concentrating on that have taken so many years longer to deliver on promises but find the need to worry about ADN and its brilliant PFS or a buyer in the depth. Seriously who cares and its the reason i rarely post here on HC much as its become a war of those who have missed out or sold out vs those that are happy with their investment however they play it. ADN are on track to deliver on their production opportunity yes slightly later potentially due to Covid but the plan is there its simple and its low cost to get it there. Its one of the quickest moves to production plans ive seen in all my time investing.
 
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Last
1.9¢
Change
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Mkt cap ! $59.09M
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1.7¢ 1.9¢ 1.7¢ $25.83K 1.431M

Buyers (Bids)

No. Vol. Price($)
12 4347850 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 3045798 16
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
1.8¢
  Change
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1.8¢ 1.8¢ 1.8¢ 263596
Last updated 15.56pm 03/05/2024 ?
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