ADN 8.33% 0.7¢ andromeda metals limited

Question for the more experienced investors or anyone with an...

  1. 135 Posts.
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    Question for the more experienced investors or anyone with an opinion.

    How do we see Andromeda holding up if a crash on a macro scale occurs (particularly US markets).

    I've recently been doing some research into macro economics, a few here may share or oppose my views but I see some sort of market crash in the near future 6-18months. Once the greater stock market has stopped being propped up by US fiscal stimulus and the world attempts to return to some form of normalcy I see big gaps in the market leading to a downturn of sorts.

    My personal opinion is if Andromeda is in production when this event occurs we will hold up nicely as we will have offtake agreements and real recurring revenues. However we aren't directly leveraged to a commodity (ie. gold, copper etc) which could send us thriving in a downturn.

    Sorry for my ramblings, interested in others thoughts or if I'm completely on the wrong track. I also acknowledge nobody has a crystal ball so it's all speculation.
    Last edited by FraserT7: 14/01/21
 
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