ADN featuring in today's 'Rat's Rant' - You can subscribe to his...

ADN featuring in today's 'Rat's Rant' - You can subscribe to his daily emails on moving stocks at [email protected]

Well done to all holders and congratulations to all management at ADN who are doing a great job!

ADN-Andromeda Metals Limited today closed up 30% to finish at 13c on $4.8m stock traded. There was no news out today and nor has there been since roughly a fortnight ago when they announced results from their Hammerhead project. This month they released 2 more projects Mount Hope and Hammerhead which they hope have high prospects. They now have 3 different high grade halloysite kaolin projects. The tech market for halloysite nano-tubes and HPA is highly profitable with top end HPA going for 25k-50k per tonne. James Marsh, MD stated that the Hammerhead material was suited as a strengthening additive to construction concrete and had potential for sale at $4k-$5k per tonne. James also said in the webinar that the product could be worth 4-5x the numbers stated in the PFS with margins being over 80% on the product. He's a smart guy and has good taste in newsletters like my friend Bruce above. Some details on what they do are listed below in case you been living under a rock. About Andromeda Metals Limited The company has built a highly prospective exploration portfolio of projects covering 5,374 sq kms within 19 exploration licences located in South Australia, Queensland and Western Australia. Andromeda Metals (previously Adelaide Resources) was incorporated on 23 December 1993 and subsequently listed on the ASX on 11 September 1996. The Company’s head office is in Adelaide, South Australia. Andromeda Metals’ vision is to be a sustainable industrial minerals producer of high-quality halloysite-kaolin and high purity alumina material and thus providing shareholders with sustainable financial return on their investment in the Company.