ADN 5.26% 1.8¢ andromeda metals limited

General comments/chat, page-253

  1. 9,038 Posts.
    lightbulb Created with Sketch. 17101
    Thanks for that, and I guess actually confirmed what i said in my earlier post that any subsequent test would likely achieve 4N. I did go back and had a look at the announcement and clear as day they have achieved the target. So just not sure why the 12/2/2019 Ann which I was reading as part of my research didn't actually give the latest data, given the date it quoted was from 30 May 2018. On page 5 of the 12/2/2019 Ann this is what was stated:

    "BHM Consultants were commissioned to undertake the necessary concept metallurgical investigation and future process design aspects for upgrading typical hydrous processed kaolin from [Poochera] to a saleable HPA product via industry standard hydro metallurgical processing routes. The BHM testwork indicates that an HPA product with 99.99% purity is readily producible from[Poochera] kaolin/halloysite feedstock using an industry standard HCLtwostage dissolutionprecipitation process,with the initial testwork achieving 99.9855% alumina (source document: ASX release by Andromeda 30th May 2018)."

    Agree reading the 29 August 2018 Ann, they refined the process as I suspected they would do and achieved 4N in a single process. My oversight, but confused as to why in a later announcement - Feb 2019- they revert back to the May 2018 Ann, when obviously they have achieved 4N.

    All IMO, but obviously need to research more so will go back and read all the announcements from 2017 - 2018, as against a selection of announcements the last few days. Don't know how I missed that one last night - maybe had a few more VBs than I thought LOL.

    All IMO.


 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $55.98M
Open High Low Value Volume
1.9¢ 1.9¢ 1.7¢ $50.25K 2.801M

Buyers (Bids)

No. Vol. Price($)
1 9963 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1928134 9
View Market Depth
Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
1.8¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.7¢ 1.8¢ 1.7¢ 7153233
Last updated 15.53pm 26/04/2024 ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.