ADN 0.00% 1.8¢ andromeda metals limited

Calling a stock overvalued is not manipulation HAHAHAHA wtf r u...

  1. 429 Posts.
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    Calling a stock overvalued is not manipulation HAHAHAHA wtf r u guys on.

    please put me on the list.

    P.S after tax NPV of andromeda's project being considered in the DFS and PFS is $511M, at 75% stake that is NPV of about $385M. Current market cap of ADN even after a 50% retrace? $454M.

    currently valued at 118% of NPV, with no DFS, no BFS, no financing, and 3.5M in offtakes.

    I mean come on guys, you don't need to be a genius to do these kind of numbers!

    it might be all well and dandy if you place a different kind of personal value on the company, but the rest of the market uses these kinds of numbers. And that's the sad reality of the current price trajectory.

    the fundamentals of what is evidently a great project has not changed since the 5c days... but the share price certainly has!

    valued at 118% of NPV and still a long way away from production



 
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