ASX ann. 30/5/19
"Extensive test work has been completed on the Carey's Well deposit, including resource drilling. bulk sampling, pilot test trials and marketing, and Andromeda is working towards a Mining Lease application as part of feasibility evaluations."
That's a whole lot of ground-work completed which should be further substantiated in the up-coming Scoping study, which is the prelude to feasibility evaluations and Mining Lease application. These 3 things "could" be accomplished this quarter, considering the extended time and effort they're now putting into the SS allowing a quick follow up of feasibility and ML application. Even if it happens in the 4th quarter it is still a big step in progress to have applied for the mining lease this year with all details documented for all to see.
Don't know about 10 cents but considering the increasing interest showing in the market now, then if the above is accomplished, then the share-price should look pretty healthy come year end.
General comments/chat, page-215
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