ADN 11.1% 1.6¢ andromeda metals limited

General comments/chat, page-20227

  1. 221 Posts.
    lightbulb Created with Sketch. 63
    this doesn't help - "..less than 12 months from mining"

    I doubt this is factual. the term used is "breaking ground" - thats slippery, marketing talk designed for an outcome. seems to be a bit of that.
    breaking ground is not commencement of mining.
    no mining permit
    no environmental permit
    no native title agreement
    no land owner agreement
    then theres;
    flowsheet design finalised
    offtake
    financing
    long lead items ordered
    infrastructure
    construction
    commissioning
    commencement

    if you think all that happens in less than 12 months, you're kidding yourself. try 18 months - 2 years IF you have a good run.
 
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