ADN 6.25% 1.7¢ andromeda metals limited

General comments/chat, page-16758

  1. 1,592 Posts.
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    Like that we are in for a volatile few weeks as more significant sales contracts are generated.

    You've got the FA LT investors vs's the ST traders + the people in between holding their breath trying to justify the company valuation from FA TA and modelling perspective and right now it's looking difficult to price to say the least.

    Think the most significant part of yesterday was more or less confirmation on the start up of a 500,000tpa WPP but until that is confirmed in the DFS I do not think we are going to get large offtakes 150ktpa+.

    Can imagine needing significantly more water for that so I anticipate it's a discussion with infrastructure and council type of decision also.

    Unless of course that strategy is already decided internally.

    Raising money is a non-issue so hope they go full ball at the start.

    Not a complex operation for them either so should be a easy start.

    Keen to see these concrete application results - if the results are as good as James' makes them out to be the product should market itself.

 
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