Australia's largest stock trading and investment forum Australia's #1 stock forum

ADN

Click for more information

0.00%

0.8¢ andromeda metals limited

Thanks for that, fortunately HPA is just one of many irons in...

First 8 Last

Share
Profile

Follow
Junhaus11

1,018 Posts.

378

08/11/21

20:51

Post #: 57408546
Share

Originally posted by poundofflesh: ↑

hi junhaus,

I see it as dangerous, as in risky.
HPA is expensive to produce, it's a difficult process to get right, and the plant is dedicated to just one thing. Of course there's risk on everything, but there's a real concentration of spend in one area on a process that isn't massively refined yet. Even if everything goes well, a new method may come through that leaves the plant relatively uncompetitive. But the money will have been spent.

The final product is not yet thoroughly defined re consistent, scalable final product.

And finally, batteries are currently seen as using HPA, but a breakthrough in new tech could see a totally new battery design, again leaving HPA somewhat obsolete.

But those are the risks, and the reward is there for that. If everything come off, then great, but it is a higher risk strategy than simply providing the material to a producer.

Expand

Thanks for that, fortunately HPA is just one of many irons in the fire, so risk is spread. Im assuming that even once a new battery design appears, it would take years to become commercially viable/available.

ADN Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

EMN

Euro Manganese – with the only new plant outside China - hits technical milestone

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

JBY

James Bay latest lithium player to pivot to other metals amidst lithium slump

BM8

Battery Age Minerals gets set to capitalise on critical mineral demand

ATC

Altech Batteries notches lithium-ion breakthrough

There are more pages in this discussion • 3 more messages in this thread...

First 8 Last

Add ADN (ASX) to my watchlist

(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $27.42M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$1.872K	233.9K

Buyers (Bids)

No.	Vol.	Price($)
59	28116994	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	1198774	2

View Market Depth

No.	Vol.	Price($)
59	28116994	0.007
28	10058156	0.006
17	14206199	0.005
5	7450000	0.004
3	8600000	0.003

Price($)	Vol.	No.
0.008	1198774	2
0.009	21775475	31
0.010	6364819	10
0.011	27266522	8
0.012	29515921	7

Last trade - 10.00am 17/10/2024 (20 minute delay)

ADN (ASX) Chart

SPONSORED BY