ADN 9.52% 1.9¢ andromeda metals limited

Something I thought about just now, which might be completely...

  1. 602 Posts.
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    Something I thought about just now, which might be completely wrong but it seems to make sense in my head...

    So, Great White increased resource estimate by 33%. ADN owns a 75% stake in the project. 133% x 0.75 = 99.75%. So with the increased resource (if accurate), we have 99.75% ownership on previous resource estimate amount, in theory. Obviously would have to mine 100% of resource for this to even matter, but it's just an observation I made.

    Am I missing something or have I had too many beers?
    Last edited by Daswon: 27/11/20
 
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