ADN 5.88% 1.6¢ andromeda metals limited

General comments/chat, page-17353

  1. 5,157 Posts.
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    Re - GRR. ** only because you’ve thrown up for comparison to ADN **
    Shareholders waited for years for recent shareprice appreciation.
    Very different ownership .
    — Very different board & management- extremely opaque style of reporting , and lack of transparency to shareholders. Not the growth prospects as exist for ADN .
    Yes excellent dividends but , again shareholders have had to be tenacious. Likely contingencies set aside for a major underground mine development— the costs to develop underground mining will be significant. ( Grange - not Andromeda )

    ADN has a very simple & straightforward operation planned by comparison . With superb profitability and realised invone to be .
    ADN is well understood .

    Also - halloysite kaolin mining ( quarrying) , at Poochera and in the significant greater Streaky Bay , Eyre peninsula region has not only suddenly sprung up in the last few years
    This has been anticipated and known of locally for decades . Literally the local area was aware this will one day be developed - for the last 45years . It has taken more than a lifetime work wise for this to come into being .

    The support and understanding for Great White startup is now tremendous. The local region people who will be involved & the communities , and state government support is strong and solid.
    Last edited by Aqua65: 22/03/21
 
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