ADN 0.00% 0.7¢ andromeda metals limited

Ann: Video Interviews conducted by Managing Director, page-3

  1. 82 Posts.
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    Video key notes:
    * PFS showed economics improved.
    * Mine life 26 years.
    * Cash flow $2 billion.
    * Added drying process to plant, added capex funding
    * NPV over 7million.
    * When manufacturing picks up it will be in high supply. Advanced mining design.
    * At Permitting and approval section now.
    * Have added 3-6 months on timeline for a 'cushion' on approval of permitting.
    * Even if 30% falls out, still making big profit numbers DSO stage.
    * Not just focusing on china, other ASIAN and Europe countries are showing interest.
    * Application testing at commercial scale.
    * Sales agreements process now.
    * Opportunities: Energy storage. Hydrogen storage.
    * Mt hope awaiting results, coming soon. High quality Halloysite there.
    * Comparatively still a 'short term' mining project.
    * High purity alumina being looked at too long term options.
    * New applications around the world - anti viral face masks for example
    Last edited by jed92: 10/06/20
 
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