ADN 4.76% 2.0¢ andromeda metals limited

General comments/chat, page-20221

  1. 451 Posts.
    lightbulb Created with Sketch. 661
    You mean the baggy stocks that died from an immature Lithium market that wasn't ready for the influx of new miners at the time? (BTW a fair few of them are going alright now)

    In case you haven't done any research, which would be strange considering how much you've been posting on this forum lately, you'll be interested to know that the high quality ceramics / kaolin market has been around and has been increasing in size yoy for hundreds of years. (Over a thousand in China)

    Sure many of us are in the stock for the halloysite potential, but the PFS isn't based off of halloysite, it's based off the core project - delivery of high quality, bright white kaolin for use in ceramics...The halloysite is the blue sky potential that hasn't been factored into the project economics.

    Comparing one of the most mature markets in the world to one of the most immature isn't even like comparing apples and oranges; more like apples and elephants.


 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.