ADN 0.00% 0.7¢ andromeda metals limited

One more thing this change of plan - going to wet processing...

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    One more thing this change of plan - going to wet processing instead of DSO - makes sense to me, is that I am hearing from various suppliers that freight cost went up 100 percent, so processing here and creating higher value material to sell - instead of farming it out - will provide a considerably savings in freight cost as the end product can go straight to processors and distributors instead of other companies and when they processed the raw material shipped again. I am sure ADN management is also very aware of it. Liked very much that the processing plant can not only be expended in capacity but processing various types of products and catering for various markets (end users). Good BFS - and hopefully more offtakes - and the joint approach to financial institutions (together with MEP), will help the JV to get finance at more favourable terms.
 
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