I see them 3y off being a meaningful funding source. Let em...

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15/09/23

09:37

Post #: 69868699
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Originally posted by White911 ↑

Andromeda Metals owning a 25% share in Cobra Resources, can offer several benefits:

1. *Financial Gain:* If Cobra Resources successfully develops and mines the gold deposits, the value of their shares is likely to increase significantly. As a 25% shareholder, Andromeda would directly benefit from this rise in share value, potentially resulting in substantial financial gains.

2. *Diversification:* Having an ownership stake in a company focused on gold mining diversifies Andromeda's investment portfolio. Gold is often considered a safe-haven asset, and its value can rise during economic uncertainties. This diversification can help mitigate risks associated with Andromeda's primary business activities.

3. *Strategic Alliances:* A successful gold discovery and mining operation by Cobra Resources could lead to potential strategic alliances or collaborations between the two companies. Andromeda might explore opportunities for joint ventures, resource sharing, or knowledge exchange, enhancing both companies' operations.

4. *Increased Investor Confidence:* The success of Cobra Resources in gold exploration and mining can boost investor confidence in Andromeda's strategic investments and judgment. This can attract more investors to Andromeda, potentially increasing liquidity and providing access to additional capital for their projects.

5. *Hedging Against Economic Uncertainty:* Gold is often seen as a hedge against economic instability and inflation. If the value of gold rises, Andromeda's ownership in Cobra Resources can serve as a financial cushion during times of economic uncertainty, potentially offsetting losses in other investments.

6. *Exploration Expertise:* Andromeda may gain insights and expertise in gold exploration and mining through its association with Cobra Resources. This knowledge can be valuable for Andromeda's existing or future mining projects, contributing to more efficient and successful operations.

Andromeda's 25% ownership in Cobra Resources, particularly in the context of gold discoveries, can provide financial benefits, diversification, strategic opportunities, increased investor confidence, a hedge against economic uncertainty, and valuable exploration expertise.

let’s see, once again I’m praying for a good future return

Good luck to everyone

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I see them 3y off being a meaningful funding source. Let em prove up the project at Ph4 with a resource which will value add to our existing tenements . BOB nailed it when he said he wants to put all the blue sky projects on the slow boil until $$$ are being added from GW production. Id hope to see HPA samples sent out as our next focus ....late 2024 im thinking.

ADN Price at posting: 2.4¢ Sentiment: None Disclosure: Held
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0 Great analysis

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