ADN 8.70% 2.1¢ andromeda metals limited

Yes - I see this as a breakaway gap. Why? Because the news re...

  1. 6,816 Posts.
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    Yes - I see this as a breakaway gap. Why? Because the news re offtake says a lot about about the minimum ADN has re resource - you dont do an offtake on tonnage you dont or cannot have. And this is just the start. Then you simply do some really basic math (if you want to read a quality assessment - see Wombats posts - outstanding work) and then multiply by a basic PE. Do for yourself and you will see why ADN is on a rapid rerate pathway. Very simple model, inherent operational advantage, massive high quality resource in high demand with dwindling supply.........best to buy the dips IMO and relax. If you understand the business you will see opportunity and not fear.
    Last edited by andres: 30/07/19
 
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