ADN 5.88% 0.8¢ andromeda metals limited

General comments/chat, page-1307

  1. 11,249 Posts.
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    You push production of dry-processed to say 400,000 tonnes and we would be looking at free cashflows comfortably AUD $40M to AUD $50M ( after taking ADN's 75% share into account ). That's a lot of cash to help bankroll any contribution to setting up a HPA plant as part of a JV.

    Incidentally those numbers would mean a share price of $0.30+ at a P/E of 15.0.
 
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